KBC move to 90% LTV This is a very healthy sign for the mortgage market, and in our opinion it could mean that 2010 might mark the low point for credit tha... Continue reading
‘Riba’ or Interest Often we hear that under Islamic finance 'interest' is illegal (it is technically 'Haram' or unlawful), the term in Arabic is 'Riba' an... Continue reading
Mudaraba Deposits – Sharia’a compliant finance The Mudaraba contract is essentially a contract partnership in Islamic Finance, the Prophet (PBUH) forbid riba or interest, and for tha... Continue reading
Banks won’t offer 25% off your mortgage for your tracker The story today from the Examiner by Stephen Rogers is worth a read, but at one point the IBA chief Ciaran Phelan states “Banks may st... Continue reading
Who shall we tax next? Progressive DIRT The government will be hard pressed to decide who to squeeze next, if you go after the poor (which we take to be people earning less th... Continue reading
Anglo, new ‘Bad bank / Bad bad bank’ plan We are anaesthetized from outrage at this point when it comes to Anglo Irish Bank (or if you are a eurosceptic who doesn't understand a... Continue reading
‘Plan B’ for arrears There is a strange situation occurring in the Irish property market, arrears are rising rapidly, stock of repossessed homes is on the i... Continue reading
Mortgage Arrears for the first half of 2010 We expected a 10% increase in mortgage arrears for the first half of this year, moving the total from 32,321 households to 35,531, how... Continue reading
What is happening with Irish Bonds? With our bonds auctions making news (in the past bond auctions were dreadfully boring affairs) and the recent S&P downgrade on the ... Continue reading