New build a loser? Banks are now reducing the LTV they will offer for new build properties but not in the second hand market and today we will look at why... Continue reading
Some quick thoughts on inflation. There are a few things that concern me regarding inflation, I have listed them as bullet points. 1. Paul Volcker said that he is conce... Continue reading
Irish fixed rates March 2009 The fixed rates below are the top three buys of each type One year fixed rates AIB (first time buyers only) 2.4% KBC (first time ... Continue reading
Irish variable rates March 2009 Here are the variable rates on offer at present from Irish lenders AIB variable 2.79% ICS variable <50% LTV 2.90% BOI variable <... Continue reading
The Criteria Crunch We have just been informed that one the lenders we deal with are only getting through applications received by the 4th of March, that i... Continue reading
The ‘Rich Man’ died a ‘Pauper’… LTV’s and Life Cover There is a risk creeping into the lives of many that they are not aware of, one that every generation has continually faced and also on... Continue reading
Banks: give you an umberella when its sunny and take it back when it rains Samuel Clemens (aka Tom Sawyer) brought us the quote which is the title of this post, 'banks give you an umbrella when its sunny out an... Continue reading
Save the best until last. Bank recapitalisation is looking more likely for several Irish players, however, an important precedent must be observed - we saved the... Continue reading
Regulatory distortion of the market, intervention required. The Financial Regulator has been under increased scrutiny and for that reason it is probably a good idea if they take steps to ensure a... Continue reading
Rent to Buy, why? I had dinner in early 2008 with a man who was a retired builder, he told me about the way he used to do business back in the 70's, and ... Continue reading