home loans Archives - MyHome.ie Advice & Blog

Permanent TSB boss to answer Finance Committee questions on variable rates

The issue of variable interest rates on home loans will come under the spotlight again today when another banking chief comes before the Oireachtas Finance Committee. Permanent TSB CEO Jeremy Masding faces questions from TDs and Senators in the latest of a series of meetings…

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Mortgages & Money

Permanent TSB offer €1,000 incentive to switch mortgage providers

Blog, Mortgages & Money, Promoted, Property News

There are more signs of competition returning to the mortgage market with Permanent TSB offering a €1,000 incentive to lure borrowers to switch lenders. According to the Irish Independent, the bank will pay some legal costs for families who switch their home loans if they…

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Pepper could be set to spice up mortgage market in Ireland

Commercial Blog, General, Home, Industry News, Mortgages & Money, Property News, The First Time Buyer, The Investor, The Overseas Investor

The mortgage market here could be set to receive a significant boost with Australian lender Pepper considering whether or not to start offering home loans in Ireland. Pepper, which bought the mortgage book of GE Money last year, said it was actively looking at mortgage…

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Number of new mortgages rises for the first time in six years

General, Home, Industry News, Mortgages & Money, Property News, The First Time Buyer

The number of new mortgages issued has risen for the first time in six years, according to new figures from the Irish Banking Federation. Almost 4,000 new home loans were granted by lenders in the months of July, August and September. That is a rise…

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Cash buyers responsible for half of property transactions in first half of the year

General, Home, Industry News, Mortgages & Money, Property News, The First Time Buyer, The Investor, The Seller

Cash buyers accounted for half of all residential property purchases in Ireland in the first half of the year. According to a report in The Sunday Business Post at the weekend, just half of the near €2 billion worth of property that was sold nationwide…

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Getting economy back on track and avoiding mass defaults is a difficult task to juggle

General, Home, Mortgages & Money, Property News

In last week’s Friday Feedback we discussed the possible impact of the property tax and Budget on people’s finances going into 2013. As part of that article we took a brief straw poll from people to get an idea of how they would be impacted…

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Seven in ten home loans in trouble at Start Mortgages

General, Mortgages & Money, Property News

Seven in ten home loans at sub-prime lender Start Mortgages are in trouble, according to their latest accounts. At the height of the boom Start Mortgages bundled up hundreds of millions worth of Irish home loans and sold the debt on to investors in the…

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Tesco won't be offering mortgages here

General, Home, Mortgages & Money, Property News

Tesco have ruled out the possibility of them entering the Irish mortgage market, despite offering home loans in the UK. A spokesperson for the retailer told Metro Herald: “There are no plans to expand our financial services in Ireland to include a mortgage service. “Ireland…

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Four-fold increase in number of mortgage applications

Home, Industry News, Mortgages & Money, Property News, The First Time Buyer

The past two years has seen a major change in the Irish mortgage market with a four-fold rise in the number of applications for new home loans. That's according to Kevin McNerney, a mortgage expert with the Trusted Advisor Group who said that, "Our experience…

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