http://www.mortgagebrokers.ie/blog Keeping you informed on the Irish mortgage market. Wed, 08 Feb 2012 11:31:40 +0000 http://backend.userland.com/rss092 en We spoke to Brian O'Donovan from TV3 News about the upcoming Allsop/Space auction in March. One property is listed at €7,500. Even if you priced the land at zero or used construction costs this property is undervalued because the actual materials that go into building it would cost more to ... http://www.mortgagebrokers.ie/blog/index.php/2012/02/08/allsops-auctions-are-back-this-march/ We were delighted to speak to Martin King about Interest Only mortgages, who has them, why, and what is happening now. Karl was joined by Angela Keegan, MD of MyHome.ie. We also looked at a famous property which is now for sale, Bram Stokers family home! http://www.mortgagebrokers.ie/blog/index.php/2012/02/07/tv3-the-morning-show-with-martin-king/ In today's Independent there is an article about Ray Grehan and his 'flouting of planning laws'. Having been through the planning process a few times I can say that it is often a frustrating exercise in which you hold an asset (the site) but are directed regarding it's use by ... http://www.mortgagebrokers.ie/blog/index.php/2012/02/06/flouting-planning-laws/ If you go into arrears on your mortgage or you talk to your lender because you believe you are a 'pre-arrears' candidate then you will be asked to fill in a 'Standard Financial Statement' or SFS which is part of the Mortgage Arrears Resolution Process (MARP) which started last year. Engaging ... http://www.mortgagebrokers.ie/blog/index.php/2012/01/31/standard-financial-statement-or-sfs-for-people-in-mortgage-arrears/ Paul Colgan from RTE covered this story about the proposed Personal Insolvency Bill which will update Ireland's dated debt legislation. This is a more humane approach to dealing with debt issues and we are pleased to see it coming to fruition. Any legislation will have teething issues and will not ... http://www.mortgagebrokers.ie/blog/index.php/2012/01/31/rte-news-personal-insolvency-bill-january-2012/ Karl was asked to appear on RTE's 'The Frontline' because of his support of property tax. This is 'the wrong step in the right direction' in his opinion. Less income tax with local authorities supported by a 'Site Value Tax' is the way to go in his opinion. It was ... http://www.mortgagebrokers.ie/blog/index.php/2012/01/31/rte-the-frontline-23rd-january-2012/ We were talking about health insurance, car insurance and credit unions this month on TV3's personal finance slot. On health insurance in particular we highlighted that you don't have to go from 'having cover' to having zero cover, instead you could opt for the likes of the Hospital Saturday Fund ... http://www.mortgagebrokers.ie/blog/index.php/2012/01/31/tv3-the-morning-show-health-insurance-car-insurance-credit-unions/ I don't understand why a person would want to pay for something they could get for near free or where the charge for said thing is difficult to enforce. You see this every day when people park illegally or don't put money in the meter, there are clamper's out there ... http://www.mortgagebrokers.ie/blog/index.php/2012/01/11/why-buy-a-council-flat-council-buyouts-to-flop/ Paul Colgan of RTE did a story about banking & rates charged by different lenders. He also asked whether future ECB rate cuts would be passed on to borrowers. http://www.mortgagebrokers.ie/blog/index.php/2012/01/10/rte-news-on-2-banking-story-5th-january-2012/ I like John Maguire, and a part of me knows that this article is about a bit of spin to make interesting reading, but it also provokes a bit of a laugh too because the quotes are pure gold... (having met the guy I can't help but suspect it was ... http://www.mortgagebrokers.ie/blog/index.php/2012/01/10/sorted-survive-and-thrive-in-a-recession/