Mortgages & Money

Mortgages & Money
Refinancing your way out of negative equity

Refinancing your way out of negative equity

Refinancing your way out of negative equity

Refinancing your way out of negative equity – The return of the 125% LTV Mortgage. In order to have some form of normally functioning property market, people have to be able to trade their homes. The residential property market relies on this to function correctly, both to free up starter homes for new first time buyers coming …

Mortgages & Money
Should NAMA provide mortgage support for homeowners?

Should NAMA provide mortgage support for homeowners?

Should NAMA provide a mortgage support plan for homeowners?

A new home-ownership support scheme that would help protect Irish families whose homes may be threatened by the downturn was proposed yesterday after the second stage of the NAMA legislation was passed on Wednesday night.

Eamon Gilmore said “The people who are having difficulty today in repaying their mortgages are those who had good jobs a year or …

Mortgages & Money
NAMA is coming… will it save us?

NAMA is coming… will it save us?

NAMA is coming... will it save us?

Minister for Finance Brian Lenihan hopes to release the legislation bringing the National Asset Management Agency (NAMA) into play over the coming weeks.

Yesterday was the deadline for Irish banks to report back with a detailed breakdown of their property portfolios, giving NAMA its first chance to review loans across several banks. …

Mortgages & Money
Mortgage Options. What to choose?

Mortgage Options. What to choose?

Mortgage Options. What to choose?

If you are new to mortgages, then it”s also likely that you are new to the options available to you. Annuity mortgage, repayment mortgage (surely they all have to be repaid), offset mortgage, interest only mortgage, endowment mortgage, are all mortgage buzzwords that you will hear being bandied about. But what do they actually mean and which one is for me?

Well, …

Mortgages & Money
Mortgages and Tax: What to do?

Mortgages and Tax: What to do?

Mortgages and Tax

As soon as you buy a house you should let the tax office know your new address. You can then apply for tax relief on the mortgage.

Tax relief covers a house, flat and in some cases a mobile home. It’s also worth noting that you can claim tax relief on any loan used to purchase or repair a property so long as it …

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