Mortgage approval a must for would-be first time buyers…but keep it a secret!
First time buyers must ensure they have up to date mortgage approval before they bid on a property. This is especially important for those who may have been granted so-called Approval in Principle but...
View ArticleBudget 2013 – consumers take another major hit!
Following on its promise to deliver another tough Budget, this Government did not disappoint. Prudence again took a hit. Tax on savings has risen, pensions have been targeted, education will cost more...
View ArticleNew EU directive gives 60 days to pay invoices
A new EU Directive on late payments increases the statutory payment period from 30 days to 60 days. Under the directive, public authorities must pay for goods and services within 30 days or, in...
View ArticleHousing market continues on bumpy road to recovery
House prices nationally fell in December according to the latest data from the Central Statistics Office. However, the overall trend is that the great house price collapse across Ireland is slowly...
View ArticleIreland got ‘raw deal’ on debt – Soros
George Soros, the global investment guru has claimed that Ireland got a “raw deal” over its debt and demands by Ireland for debt relief would be met but only at a minimum. Speaking in Davos,...
View ArticleThreat for Ireland as UK heads for triple-dip recession
The UK is headed for a triple-dip recession according to the latest statistics released from the UK’s Office for National Statistics (ONS). The UK has now contracted for four of the past five months as...
View ArticleAusterity will not end with Anglo bank deal
As I write this piece, the granular details of the Anglo / IBRC debt ‘deal’ continue to trickle out. What we do know is that the Irish Bank Resolution Corporation Limited, formally Anglo Irish Bank is...
View ArticleThe ‘how much do you owe’ map of Ireland
As I work my way around the Revenue map of Ireland which has just been launched for the new property tax liability, I can’t help but think that the map will become an interesting beast in the months...
View ArticleProperty prices rose in July in Ireland
Residential property prices rose in Ireland in July. This is according to the latest statistics released from the Central Statistics Office. In the year to July, residential property prices at a...
View ArticleProtected: Mortgage arrears: are we really telling the critically ill to fix...
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View ArticleUS sticks to growth strategy with Yellen
US president Barack Obama will nominate Janet Yellen, the current number two at the US Federal Reserve today. Janet Yellen is regarded as a pro-growth central banker who markets expect will be slow to...
View ArticleIs another financial crisis looming – IMF thinks so
In its latest World Economic Outlook (WEO), the IMF warns that another financial crisis is brewing even though many parts of the world are still not finished fixing the last one. Across the EU, a...
View ArticleWhy Irish Consumer Confidence Remains Weak
By Frank Conway Consumer confidence in Ireland remains weak because many people are not seeing the benefits of an improving economy in their net take-home pay. And this is not just an Irish...
View ArticleEurozone slowdown is good news for Irish homeowners
Economic growth across the eurozone growth slowed at the start of 2018. Economists said temporary factors were partly behind the weakness and that the economy should continue to expand strongly this...
View ArticleGood news for mortgage holders, bad news for savers
Less than three months after the European Central Bank announced the ending of its massive €2.6 trillion bond-buying programme, it is getting back into the stimulus game. The main reason … Continue...
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