When will we get a real picture on repossessions in Ireland? The mood has definitely changed in the markets and across the world in the last year, we have gone from being on the precipice of total... Continue reading
Moving paper or ‘selling your mortgage’. In the USA and Canada they sometimes refer to a process of 'moving paper' which is where a person sells their mortgage - the actual deb... Continue reading
Bank margins after NAMA The current debate is raging over NAMA and the pricing of loans, much of it centres on the value of the properties in question and abou... Continue reading
Negative Equity Explained People have often asked about 'negative equity' and I thought that the easiest way to explain it wasn't in words alone but in pictures ... Continue reading
Property Tax 2009: non-principal private residencies €200 The Local Government Act 2009 introduced a €200 annual charge for owners on non-principal private residences The charge applies main... Continue reading
How many kicks can a broker take?! How many kicks can a broker take before rolling over and crying 'uncle!'. A whole bunch it seems. Today AIB informed the intermediar... Continue reading
Irrational banking, non-competition creating profits unexpectedly. That banking in Ireland is a little irrational at present is a given, however, there are occurrences in the market which will change pr... Continue reading
‘Fix or forever hold your tongue!’, A floor on Rates (with a rise likely!) Rates likely to rise as per AIB's statement, and PTsbs actions, what we are trying to tell everybody, in clear English is this: 'If you... Continue reading
‘Are we there yet?’…. when will the bottom of the housing market be reached? The most popular question I am asked as of late is whether or not we are at the bottom of the housing market, and the answer is 'no....... Continue reading