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Revolut Enters Irish Mortgages
- Revolut plans to enter the Irish mortgage market by late 2024, increasing competition.
- The market is challenging because 90% of mortgages are dominated by three main banks.
Be Cautious with Revolut Mortgages
- Avoid taking a mortgage with Revolut when buying a house due to poor customer service risks.
- Consider switching an existing mortgage to Revolut only if they offer a guaranteed long-term low rate.
Real Bank Support vs Chatbots
- Michael Dowling recently called AIB and got through in about five minutes despite IVR menus.
- Speaking to a real person was helpful, unlike chatbot struggles with Revolut.