Category Archives: Financial Advice

Ghost town Ireland

This video is Fred Harrison doing what he does best, talking about the Henry George concept of rent seeking via land values and the need to tax same.
Georgism is a largely overlooked thesis unfortunately, but this is an opportunity to see one of its proponents putting forward a compelling case.

Half Rule sample letter for News of the World readers

Half Rule sample letter… Under Section 63 of the Consumer Credit Act 1995, I wish to exercise my right to terminate the above agreement under the ‘half rule’.
Please acknowledge receipt of this letter and forward details of what must be done to proceed and , I would ask that you do so in writing or by email.

Sunday Independent: Add Greenspan to the lawsuit

I asked Karl Deeter, operations manager with Irish Mortgage Brokers, what he thought of the IPC’s idea and he said: “It’s about time somebody called out the State on this bullshit. So far they’ve made every pathetic attempt possible to evade responsibility [for the financial crisis].

Sunday Business Post: More haste, less speed in the mortgage crisis

Figures compiled by Karl Deeter at Irish Mortgage Brokers showed that the size of the average first-time buyer mortgage peaked in the first quarter of 2008, at €251,000.

News of the World: Money expert on Debt

IRELAND is in payback mode at the moment. As a country we’re experiencing “deleveraging”, which means that many people are using most of their money to pay back excessive borrowing. However, that practice only puts cash into the banking system and not the real economy.

Bloomberg: Irish seek to delay ‘evil day’ of reckoning

“While banks may be able to contain bad-loan losses on their mortgage books, “a big and ongoing problem is that a large part of their mortgage books are based on ECB tracker rates, which banks are funding at a loss,” said Karl Deeter, operations manager with Dublin-based Irish Mortgage Brokers.”

The Sunday Business PostT: The taxing issue for property owners

Karl Deeter, operations director with Irish Mortgage Brokers in Dublin said he was in favour of a property tax if it was implemented correctly and if less income tax was paid by taxpayers. ‘‘People would be more willing to spend more if income tax was reduced. It would prove to be productive.”

‘‘The second homes tax is an example of revenue raising, the only justification is that it is a tax on owning an asset. Literally I could own a castle or a cottage and I’d have to pay a flat tax it’s stupidity. The introduction of a property tax would have to mean scrapping the second homes tax,” he said. ‘‘Otherwise it doesn’t make sense, and the property tax should be offset against investors’ tax bills. The property tax should be allowable as an expense for investors.”

Sunday Business Post: Fears lenders will up ECB rate hikes

Karl Deeter, of Irish Mortgage Brokers, also expects banks to increase standard variable rates by more than the ECB hikes rates. He said it was likely that banks would raise rates ‘‘irrespective of what the ECB do’’, given the gap between the cost of funds that banks face and lending rates.

The Morning show with Sybil and Martin on TV3, monthly Property Slot with Karl Deeter & Angela Keegan

We were delighted to feature again on TV’s ‘The Morning Show with Sybil and Martin’ (although Brian was sitting in for Martin) on their monthly property slot.
This week we spoke about the necessity of price drops to get a property sold, it is likely the single most important factor, it is also overlooked that there is often a carry cost or opportunity cost loss if sellers don’t drop prices.

What kind of accountant do you want?

Do you want a person who can merely do up your books and has the credentials to stand over the final figures? If so then Advisors.ie is perhaps a solution for you.

If you’d rather have a person who can look at your business, do you books, finalize figures and perform an audit where necessary then we are likely the solution for you.

But if you want an accountant in Dublin who can do all of that and also figure out ways to cut your costs, reduce your tax bills and use the best methods for ensuring that you stay in business and don’t pay more tax then necessary, while also being able to advise you personally on your finances and also shop around on your behalf for cheaper solutions for the financial products and services you use then we are definitely the people you are looking for!