Loan refusal statistics: what do they mean? There are two sets of statistics floating around; on one hand you have the banks who claim that they are lending and also that the dema... Continue reading
The ‘Cost’ of Regulation David McWilliams hit an interesting point in today's piece in the Independent about having 'too much regulation', and how it may repel ... Continue reading
NAMA Mortgages, money from thin air? When a bank creates a loan that becomes an asset, the property it is secured upon is the collateral (sorry my teaming millions, I know ... Continue reading
Top mortgage rates: June 2011 The best rates in the market at present are Variable (<50% LTV): BOI 3% Variable (any LTV): NIB 3.4% 1yr fixed: AIB 4.15% 2yr fi... Continue reading
The solution for Section 23 Owners Section 23 properties have had their tax treatment changed, in effect the buyer honoured their side of the contract from the outset and... Continue reading
Why bid for EBS? Along with many others, I was confused at the fascination with EBS as a takeover target. You see, EBS's best year recorded a profit of ... Continue reading
If you didn’t like 100% mortgages you’ll loathe negative equity mortgages I was interested in the front page of today's Independent in which Charlie Weston broke a really big story about Irish banks being in a... Continue reading
Irish Banking. How does it play out? I used to be in a Chess Club, and one thing it taught me (apart from how to lose using the Kings Gambit) is that you can often see a ge... Continue reading
Who is telling porkies? Lending figures v.s. Advertisements In the first quarter of 2010 there were c. 62 business days, and from this time frame we have gotten the most recent lending figures fr... Continue reading
Bank of Ireland increase mortgage rates Bank of Ireland will be increasing their mortgage interest rates from the 16th of April (Indo article by Charlie Weston here). We ha... Continue reading