RTE: Sean O’Rourke show, Karl Deeter & Ruth Coppinger discuss housing

We were pleased to take part in a conversation about social housing on the Sean O’Rourke show today. Karl was raising the point that people who need social benefits assistance should get them but not necessary forever, that it can constitute a form of ‘middle class welfare’.

Ruth had a different view and believes that social housing should not be aimed at people who need the homes the most and that social help shouldn’t just be given to the poorest in society. When Sean asked specifically if  she believed in an entitlement to social housing for life irrespective of your means, and she didn’t disagree.

We believe this is something that should be discussed because a benefit entitlement that makes sense on day one might not make sense 20 years down the road and if the idea of social housing is to help the less well off then keeping them when you are well off at a low price (which constitutes a transfer) doesn’t seem justified.

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Pat Kenny show, the ‘Friday Panel’

We were asked to take part in Pat Kenny’s ‘Friday Panel’ which was hosted by Shane Coleman. The discussion was on many property matters and went on to cover politics and crime. The panel members were Michael O’Regan the political correspondent of the Irish Times, Martina Devlin who is a well known journalist and author, and lastly was our own Karl Deeter.

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Newstalk: Pat Kenny & Karl Deeter discuss ‘rent certainty’ and construction

Pat Kenny had Karl Deeter of Irish Mortgage Brokers on his show to discuss ‘rent certainty’ and some aspects of construction as well as why they are both concerns for the Irish housing market.

The issues are important for both sides, prices affect different sides of a contract differently and large swings can be damaging to one or the other of them. The answer in Karl’s view is longer leases which requires no legal changes, but this is not being discussed.

 

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Newstalk Sunday Show: A discussion on the ‘Tsunami of repossessions’ that hasn’t arrived

On Newstalk’s ‘The Sunday Show’ Shane Coleman spoke to Karl Deeter (of Irish Mortgage Brokers) and David Hall of the IMHO.

It was to cover the topic of repossessions and some research that had  been carried out by Karl Deeter and several others (Seamus Coffey, Economics lecturer in UCC, Brendan Burgess of AskAboutMoney.com and Simon Farrell, researcher) about what occurs in courts during possession hearings.

The debate was robust and lively.

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Drivetime RTE: Karl Deeter on pan-European Mortgages

In this piece on RTE’s flagship evening show ‘Drivetime’ Karl spoke about how mortgages being ‘cross boarder’ may not result in better prices for Irish consumers any time soon.

Obviously it would be great for the broker industry who are the natural distributors of such products, but there are many other factors at play including the largely under utilized Insurance Mediation Directive.

The piece finishes with some thoughts on rent control (or ‘certainty’) which are being suggested by Alan Kelly.

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Podcast: Who lends the most to those with the least? Barry Clarke discusses in episode 00002

A thing that people usually miss out on when they don’t deal with a broker is the ‘unwritten’ criteria of banks or the market segmentation they seek. Anybody with a lot of money can get a loan almost anywhere, but if you aren’t in the Howard Hughes end of the market then you can find yourself refused by one lender and welcome by another but have no idea why.

In this episode Barry Clarke talks about why one lender in particular (and this is going to change soon) is doing the most for people who have the least.

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The ‘Talking Money’ book by Karl Deeter & Jill Kerby

We are delighted that Irish Life decided to sponsor our book ‘Talking Money’ which is based on the successful radio segment that has been on the RTE Radio 1 ‘Drivetime’ show with Mary Wilson for about the last year and a half.

It’s free to download, here is a link to a pdf copy, or you can get it from Irish Life’s website, and we’ll have a limited number of hard copies too.

We are really excited about this and hope you find the information in the book useful – one thing is for sure, the price is right!

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Morning Ireland airs our idea to help the homeless

We were really pleased that Morning Ireland covered our joint idea with Fr. Peter McVerry on a way to help reduce pressure in the rented sector by giving landlords tax breaks in return for rent-freezes.

The idea is simple, you allow landlords to get full mortgage interest relief and offset their local property tax in return for giving the tenant a ‘rent freeze’, this can be managed via the PRTB who already link in with Revenue on some matters.

The clip explains how it would work, in the piece you’ll hear Fran McNulty discussing this idea with Karl Deeter

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RTE Talking Money – AirBnB (making a house pay), 17th August 2015

With Revenue set to receive the names of over 9,000 AirBnB ‘hosts’ we looked at the implications of this as well as other ways to make your house pay for itself. The obvious one is the tax free €12,000 ‘rent a room’ scheme, but it doesn’t stop there! Find out more as Karl Deeter and Jill Kerby ‘Talk Money’.

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Talking Money: Financial milestones of your 30’s, 10th August 2015

On the 10th of August we looked at the ‘financial milestones’ you should have reached by the time you are in your 30’s.

As with many things, these are not ‘set in stone’ but in general, they are good indicators of how you are doing on your road to financial health.

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