Category Archives: Financial Advice

News of the World: What a pain in the cheque! 23rd January 2011

This week we covered the changes to income tax that were brought about by the upcoming Finance Act 2011, primarily the people affected are in the lower end of the earnings spectrum – we have a table to show the changes that it makes. The good news is that we also gave News of the World readers a way to strike back: Tax returns! 70% of workers are actually due tax back at the end of the year and yet only 5% of them make a tax return to claim back that money. Information and instructions are in the article.

Banks to abolish fixed-rate mortgages in bid to cut costs

“Banks and building societies are planning to abolish fixed-rate mortgages because they are too expensive for lenders to provide, according to a leading mortgage expert. Banks would prefer to have borrowers on products with variable rates, which can be increased whenever lenders want, according to Karl Deeter of Irish Mortgage Brokers — who correctly predicted last year’s rises in variable rates.

TV3 ‘The Morning Show with Sybil & Martin’ features Karl Deeter

We were delighted to be part of TV3’s ‘The Morning Show, with Sybil & Martin‘. We are fans of the show and enjoy the relaxed nature of the conversational commentary style they are so adept at. In this clip we spoke about the costs of finance and the potential removal of fixed rates, while Marian Finnegan (of SherryFitzgerald) covers housing, her background is in urban economics and she lectured at both NUIG and UL before moving to SherryFitzgerald. We hope you enjoy the clip.

Advisors.ie team up with News of the World

We are delighted to announce that we will be teaming up with the Irish News of the World in their money advice section ‘Irelands Money Saving Expert’, this is a welcome opportunity to share our financial know how with upwards of 130,000 readers across the nation. We hope you enjoy our pieces and find the information useful, if you have a personal finance query then be sure to email it to us and we can use it in the column (anonymity assured).

Banks planning to scrap fixed rates? (RTE coverage)

RTE Business news covered a story that appeared in the Independent, the story was based upon our sister company’s report (Irish Mortgage Brokers) in which it was forecast that fixed rates may cease to exist this year because of funding pressures in the banks.

Mortgage Market Outlook for 2011

Irish Mortgage Brokers (a sister company to Advisors.ie) has brought out their annual Mortgage Market Trend Outlook for 2011, a report that considers the likely trends of the Irish mortgage market in the coming year.

EBS arm to hike mortgage rates

Advisors.ie and Irish Mortgage Brokers Operations Manager Karl Deeter was mentioned in an article by Charlie Weston of the Irish Independent about Haven homeloans, a branch of the EBS

Sunday Times – to fix or not with Jill Kerby

Jill Kerby, the widely known Personal Finance columnist with the Sunday Times mentioned our company in her piece last week about fixing a mortgage or not. ‘I asked Karl Deeter of Irish Mortgage Brokers for his view. He believes that fixing for three years at the rate of 3.89% you’ve been offered by AIB is a good deal. At just 0.2 points higher than the two-year rate, he reckons it is a premium worth paying.’

Irish Times- To Fix or Not to Fix?

The Irish Times ran a story by Caroline Madden with a focus on mortgages called ‘To Fix or Not to Fix’, it featured our operations manager Karl Deeter and the points mentioned were that banks will increase variable rates in 2011 and that it is getting harder to protect your mortgage with a fixed rate due to pricing.

Irish Independent: Tracker Mortgages to escape rate hikes until 2012

Tracker mortgages may not see any increase in price until 2012 according to Charlie Weston of the Irish Independent