Tag Archives: irish times

Irish Times: What first time buyers want…

Thursday, October 27, 2011

We were mentioned recently in the Irish Times by Frances O’Rourke in a piece about first time buyers. Mortgage broker Karl Deeter is just as certain of the trend towards houses: “The overwhelming majority of our clients, over 90 per cent, are not looking to buy apartments.” He doesn’t think people are – or should – make a decision to buy on the basis that their mortgage repayments would be similar to their rents. Many people will stretch a little to pay the mortgage on a house they plan to live in forever “or at least the foreseeable future”. (He also reminds would-be buyers that mortgages taken out next year will get a reduced rate of mortgage interest tax relief before it disappears after 2012.

Filed in Accountancy, Advisors.ie In the Press, Financial Advice, Mortgages, Property, tax relief at source, Taxation | Also tagged , , , , , | Comments (0)

Irish Times: Questions & Answers April 14th

Thursday, April 28, 2011

Can I release equity in my home under age 55? Question: Can you tell me if it’s possible to release equity in my home prior to reaching the age of 55? I own my home outright and have no family to pass it on to when I die. I bought my house last October but it needs a great deal of upgrading which I have very little prospect of being able to afford any time soon.

Filed in Accountancy, Advisors.ie In the Press, Debt, Financial Advice, Mortgages | Also tagged , , , , , , , | Comments (0)

Irish Times: Homeowners wary of ECB rate hikes

Monday, April 11, 2011

Conor Pope wrote in the Irish Times: “It is probably going to be the first of several moves but how close those moves come together and how aggressive those moves are is something that remains to be seen,” says financial analyst and mortgage adviser Karl Deeter. “Unfortunately there is only a lower limit on interest, there is no upward limit and in theory rates can go as high as they want to. If you look at our total number of mortgages and the number that are in distress versus where we probably should be, it is clear that thus far the low rates have has actually served us well and saved the country from having a much larger problem,” Deeter says.

Filed in Accountancy, Advisors.ie In the Press, Banking, Economics, Mortgages | Also tagged , , , , , , , , , | Comments (0)