Category Archives: Financial Advice

Sunday Times: Buy to fret

We were pleased to get a mention in the Sunday Times article by Kathy Foley called ‘buy to fret’. You can find her on Twitter too! We don’t often find such a candid quote as the last part of the mention we got! “The banks are all saying investors have to be first to give up the ghost,” said Karl Deeter, of Irish Mortgage Brokers. “They will lean heavily on them and get a judgment because they didn’t do what the bigger people do and isolate the loan, buying the property through a limited company. “Nobody feels any sympathy for them.

Irish Times: Is it too late to fix your mortgage?

According to Karl Deeter, of Irish Mortgage Brokers, trying to second-guess the market in the long term is “an impossible art” and the time to fix, for many, has already passed. He points out that this time last year Permanent TSB was offering a 10-year fixed rate from 4.6 per cent, compared with 9.1 per cent today. “The horse has already bolted,” Deeter says. “The smart money always goes first and the stupid money goes at the end.” He recalls clients with seven-figure mortgages who left low-cost trackers early last year to sign up for 10-year fixed-rate mortgages to give themselves a degree of security until 2020, but he would not advise people to do that now.

Sunday Independent: Personal debt crisis will be country’s next body blow

We were delighted to get mentioned in the Sunday Independent, a paper that has over 1,000,000 readers. The piece was by Daniel McConnell and was titled ‘Personal debt crisis will be country’s next body blow’.

Sunday Times: Guard against rising rates

e were pleased to get a mention in the Sunday Times article by Niall Brady on the topic of rising costs: Irish Mortgage Brokers: Deeter has opted for Permanent TSB’s 10-year fix of 4.5% for the new home he hopes to move into in six weeks’ time. This is the best long-term fix available, although it will cost considerably more than the tracker loan on Deeter’s current home.

Dear Revenue: Don’t Tread on Me

We regret not taking that case to court and we vowed not to let it happen again, we are no longer accepting what we believe to be bullying tactics used by the Revenue any longer, instead we will advise our clients to go to court and we will provide expert witness services for them where and when required. So it is with great joy that we got our first win today.

News of the World – Advisors.ie writing on Mortgages

We were covering mortgages in this weeks Irish edition of News of the World, looking at the affects of changes in taxation and other aspects that could make the cost of a house rise even though the price may fall.

TV3 Morning Show with Sybil and Martin – is the property market at the bottom?

We were really pleased to feature on TV3’s ‘Morning Show’ with Sybil and Martin (Brian was standing in for Martin) in a conversation about property prices and whether or not we have hit the bottom. Aoife Walsh from the Respond! Housing Agency was also there giving some great information and advice for borrowers in trouble.

State mortgage aid up five-fold in four years

Karl Deeter of Irish Mortgage Brokers has warned that expected interest rate hikes this year will push even more householders to the edge. “I can’t see how they (number of applicants) won’t rise because it’s becoming more popular and more necessary,” he said. “The scheme is in place to help you get over the hump, in the hope that you’ll get back to work soon. “But the end result is that there will be more people on it come the end of the year as interest rates go up and unemployment rises.”

TV3 Morning Show with Sybil and Martin

We were delighted to feature on TV3’s ‘Morning Show with Sybil and Martin’ in their monthly property slot alongside Angela Keegan of MyHome.ie
Karl Deeter discussed the financial aspects of the Irish property market while Angela covered property prices in general.

What is the new economic reality? Davos 2011

Davos Annual Meeting 2011, panel discussion