Tag Archives: accountancy

The Insider – TV3 personal finance on The Morning Show

This week we talked about the information that banks have and how they use it to sell you product. We stress getting independent advice and not buying directly from banks, or at least shopping around before doing so.

Independent: BOI prospects of credit still low

We were mentioned in the Irish Independent (via our sister company): THE fact that private investors are prepared to put money into Bank of Ireland does not mean the bank will suddenly start lending to house buyers and small businesses, experts said yesterday. Although the investment move was welcomed, fears were expressed that personal and business customers would be hit with higher charges. This was because the bank was still short of funds, director of Irish Mortgage Brokers Karl Deeter warned. And there are fears that variable rate customers will now be hit with hefty rises in rates. Mr Deeter said there would be no immediate flow of credit for house buyers and small firms.

Independent: Tax relief for ‘boom buyers’ delayed

THE Government is to delay the implementation of an election promise to give up to €166 extra a month to those who bought houses during the boom. The move to help the “negative equity generation” will not now be in place until the end of the year at the earliest, the Irish Independent has learned.

Irish Indepdendent: Last lender to pull switcher deals

We were pleased to get a mention in Saturday’s Independent in an article by Charlie Weston about KBC Bank removing their switcher deal, our quote that appeared is below. Operations director of Irish Mortgage Brokers Karl Deeter said EBS and KBC would still accept switches but no longer offer an incentive. EBS dropped its switcher offer last year. “This is the final death knell of loan incentives in the mortgage market. Now, far from wanting your business, banks want to find ways to turn you away or charge increasingly higher rates,” Mr Deeter said. He said switching offers and fixed rates were going to be the victims of this year’s mortgage market. “The last switcher offer just died, and fixed rates are being whittled away.”

Sunday Independent: Personal debt crisis will be country’s next body blow

We were delighted to get mentioned in the Sunday Independent, a paper that has over 1,000,000 readers. The piece was by Daniel McConnell and was titled ‘Personal debt crisis will be country’s next body blow’.

News of the World: Life Assurance

We did a piece about life assurance for the Irish News of the World on the 30th of January.

The main thrust of the piece was to impress upon readers that life assurance is either not important, or very important indeed depending on your circumstances and family life. The other question is about how much you need – for that we advise using a professional who can work this out for you, we also disclosed how to get the ‘under the table’ prices by using a broker.

Independent: Feature our commentary on mortgage rate hike

“Fixed rates will be pulled from the market or priced so high that they will not be a realistic option. This will leave people at the mercy of their banks,” financial adviser Karl Deeter of Irish Mortgage Brokers told the Irish Independent.

Mr Deeter also predicted other lenders would now withdraw fixed rates as banks continue to lose money on mortgages because they signed up thousands of people on trackers which they are now losing money on.

TV3 Morning Show with Sybil and Martin – is the property market at the bottom?

We were really pleased to feature on TV3’s ‘Morning Show’ with Sybil and Martin (Brian was standing in for Martin) in a conversation about property prices and whether or not we have hit the bottom. Aoife Walsh from the Respond! Housing Agency was also there giving some great information and advice for borrowers in trouble.

C45 tax

C45 tax, what is it? How does it work? And what effect does it have on the construction industry? Let Advisors.ie explain it all in plain simple English