Sign up to The Irish Times Archive (1859 - 2008)My Account »
Wed 10 Oct 2009IlP to cut commission to brokers
Irish Life & Permanent plans to reduce the commission it pays mortgage brokers to help cut costs and offset the impact of the country's property slump.
The bank will trim its commission to 0.5 per cent of transaction values as of January from 0.8 per cent currently, spokesman Ray Gordon said today.
Choose a Subscription type - required
