We were asked to comment on the property market in this piece by Martina Fitzgerald.
In this piece Noleen Blackwell from FLAC and Karl spoke to Mark and Sinead about mortgage arrears and figures that were due out from the Central Bank. This was our first time to go on Ireland AM and as always everybody was lovely but not afraid to offer challenging debate on the topic.
Filed in Accountancy, Banking, Economics, Mortgages
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Also tagged banking, capital provisions, finance, financial advice, ireland am, karl deeter, mark cagney, noleen blackwell, sindead desmond, strategic default, technical finance
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Tuesday, January 10, 2012
We were pleased to feature on this story by Paul Colgan of RTE about banking and rates charged by different lenders. He also considered whether or not future ECB rate cuts would be passed on to borrowers.
Filed in Accountancy, Advisors.ie In the Press, Banking, Debt, Financial Advice, Mortgages, Wealth
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Also tagged aib, bank rates, financial news, karl deeter, michael dowling, mortgage rates, paul colgan, ptsb, rte news, variable rates
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Wednesday, January 4, 2012
This time on the Morning Show we talked about ideas for personal finance in the new year, how to get ‘financially fit’ and some simple steps to help get you there.
Filed in ACCA, Accountancy, Accountant, Advisors.ie In the Press, Credit Cards, Debt, Financial Advice, Insurance, Investment, Savings
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Also tagged credit cards, debt, financial advice, financial planner, karl deeter, martin king, money, personal finance, sybil mulcahy, tax advice, tax planning, the morning show, tv3
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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.
Filed in Accountancy, Advisors.ie In the Press, Banking, Debt, Financial Advice, Mortgages, Property, Savings
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Also tagged bonus, financial advice, john finnerty, loans, mortgage news, 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.
Filed in Accountancy, Advisors.ie In the Press, Financial Advice, Mortgages, Property, tax relief at source, Taxation
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Also tagged finance, frances o'rourke, irish times, karl deeter, property, trs
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Monday, September 19, 2011
Our sister company Irish Mortgage Brokers was mentioned in the Guardian online about ‘negative equity insurance’. Our comment on the piece is below:
“The vendor has to fund this out of their own cashflow,” says Karl Deeter of Irish Mortgage Brokers. So it will only suit those that have a very small mortgage – mainly older people and those that bought long before the peak – because those are the only ones who will make a profit on their property sale. Deeter is sceptical the insurance is the way to kick-start the moribund Irish market. “It’s part of the general medical box but it’s not the cure,” he says. Deeter is of the view that the government needs to bring in a personal insolvency laws urgently, like Chapter 13 in the US AKA, “wage earners bankruptcy”.
Filed in Accountancy, Advisors.ie In the Press, Banking, Insurance, Property
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Also tagged accountants, advisors.ie, financial advice, ifg, karl deeter, lisa o'carroll, negatiive equity insurance, negative equity, property
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Karl Deeter of Irish Mortgage Brokers said: “This will make it more difficult for those who can borrow to get access to funds. It raises questions about whether the money used to rescue the bank was worth it.”
Once a month we get to talk to Sybil Mulcahy & Marting King on their ‘Propertywatch’ piece. This month we were looking at auctions and ECB rate increases as well as general finance.
Filed in Accountancy, Advisors.ie In the Press, Financial Advice, Mortgages
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Also tagged auctions, base rate, carol talon, ecb rate hikes, finance, karl deeter, martin king, sybil mulcahy, the morning show, tv3
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Life doesn’t come with a set timetable, but the cycle of life can be reflected in the reasons for people buying and selling homes. They change jobs and move away, they have families and want bigger homes, they might grow older and downsize, or they die and it’s a probate sale.
