Last edited: Oct 13, 2016 A mate is currently getting a first time buyers mortgage. I have recommended the EBS cashback offer to him and then for him to switch to Ulster Bank on a lower rate. He has pointed out to me that Consumerhelp.ie says you can only switch if "you have been making payments on the mortgage over the last 12 months". Does this mean you need to wait 12 months before switching or does this mean that you cannot be in arrears at any stage over the last 12 months when switching? Thanks.