We spoke to Martin King and Claire Brock (covering for Sybil) about property prices because Moody’s said prices would drop 20% while the ESRI said that prices would likely go up in cities.
We were asked to comment on the property market in this piece by Martina Fitzgerald.
Recent surveys have indicated that there is a strong support towards buying a house, a whopping four out of five in a Millward Brown Lansdowne survey thought now is a good time to buy. This is on the back of a recent CSO statistic showing prices have didn’t change in March and in Dublin that they rose.
We are pleased to be writing for the Sun on Sunday, we think that taking high finance to people on the street in an easy to understand format in plain English is noble work, we hope you enjoy the column and are glad with the big number of questions we are now getting every week.
Also filed in Accountancy, Accountant, Advisors.ie In the Press, Banking, Bonds, Economics, Sun on Sunday
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Tagged ela, emergency liquidity assistance, exceptional liquidity assistance, karl whelan, michael noonan, patrick honohan, promissory note, sun on sunday
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Wednesday, March 14, 2012
We were quoted in three separate articles in the Sunday papers this week.
The Sunday Times mentioned the report we did with MyHome.ie on property prices for investors (here), the full report is available over on MortgageBrokers.ie on the blog (here). Our view is that for investors there is still not a highly compelling reason to get into property.
Also filed in Accountancy, Accountant, Advisors.ie In the Press, Banking, Debt, Financial Advice, Insurance, Mortgages, Sun on Sunday
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Tagged bank, dublin accountants, financial planning, financial review, insurance, personal financial advice, sunday business story mortgage, tax advice
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Tuesday, January 31, 2012
As far as a ‘system of taxation’ goes, we think that less income tax is a great idea, that instead site valuations and local costs or spending should be borne by the locality and paid to the local authority. That means that the Household Charge – while regressive – is the right type of tax being levied in the wrong way.
Also filed in Accountancy, Advisors.ie In the Press, Income Tax, property tax, Property tax, Taxation, Wealth
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Tagged . rte frontline, household charge, nppr, pat kenny, property tax, site value tax, water charges
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Wednesday, January 4, 2012
In this clip we gave some opinion on the property and credit market, and how it is affecting prices.
Also filed in ACCA, Accountancy, Accountant, Advisors.ie In the Press, Economics, Financial Advice, Mortgages, Wealth
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Tagged cso index, karl deeter, property index, property prices, property report
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Tuesday, November 15, 2011
We were interviewed by RTE News at One with John Finnerty. The topic was a potential bonus scheme that PTsb are likely to announce for tracker mortgage customers who pay down their loan early. They are doing this because they want to deleverage and if they include repricing in the option then it may give them the ability to make money on these loss making loans.
Also filed in Accountancy, Advisors.ie In the Press, Banking, Debt, Financial Advice, Mortgages, Savings
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Tagged bonus, financial advice, john finnerty, loans, mortgage news, mortgages, ptsb, rates, rte news at 1, tracker mortgage
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Thursday, October 27, 2011
We were mentioned recently in the Irish Times by Frances O’Rourke in a piece about first time buyers. Mortgage broker Karl Deeter is just as certain of the trend towards houses: “The overwhelming majority of our clients, over 90 per cent, are not looking to buy apartments.” He doesn’t think people are – or should – make a decision to buy on the basis that their mortgage repayments would be similar to their rents. Many people will stretch a little to pay the mortgage on a house they plan to live in forever “or at least the foreseeable future”. (He also reminds would-be buyers that mortgages taken out next year will get a reduced rate of mortgage interest tax relief before it disappears after 2012.
Also filed in Accountancy, Advisors.ie In the Press, Financial Advice, Mortgages, tax relief at source, Taxation
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Tagged finance, frances o'rourke, irish times, karl deeter, mortgages, property, trs
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Tuesday, October 25, 2011
We were happy to comment on this piece by Martina Fitzgerald of RTE