AA to offer mortgages

The AA will offer a new mortgage service in a partnership with the Bank of Ireland. As part of a marketing incentive the AA will offer fee-free mortgages to its breakdown cover customers.

Michael Johnson, director of financial services at the AA, said: “Lots of people are on mortgage deals where they are spending far more than they need to. This could be down to a combination of high fees and a lack of information stopping them from switching to a better deal. We want to help our members by removing hidden costs and providing simple, straightforward mortgages, with all standard upfront fees included.”