Tag Archives: banks

The Insider on TV3’s ‘Morning Show’, on Debt Settlement Arrangements

This week we looked at using debt settlement arrangements to solve over indebtedness with mortgages instead of personal insolvency and how best to do it.

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.

New blow for homeowners as Ulster Bank hikes fixed rates

rish Mortgage Brokers director Karl Deeter said the bank was effectively now out of the fixed-rate market, as new customers could only get a fixed rate if they were borrowing less than half of the value of the home. He added that only a small number of existing borrowers would qualify for a fixed rate, but with the rates so high nobody would take them up.