We were asked to review the papers on RTE’s Morning Edition with Anthony Murnane who was sitting in for Keelin Shanley.
We were asked about the likelihood of banks passing on yesterdays rate cut to standard variable rate mortgage holders, we don’t think they will.
We were on RTE’s Morning Edition to look at the news headlines of the day.
We were asked to take part in the Prime Time show about private property trusts and freemen philosophy. They are separate things but in Ireland have close links or ties through their membership. The show looks at some of the promoters, their views and also critiques them via other contributors and practitioners.
Sybil Mulcahy was out and about on budget day and she spoke to Karl Deeter about some of the proposed changes in the 2014 budget.
We spoke to TV3 about the rising prices in Dublin and what the causes may be. Our view is that an absence of supply coming into the market is an issue, the banks have not taken back properties that should have been foreclosed at this stage and that creates an unrealised shadow or latent supply that isn’t factored in.
We were pleased to go on Ireland AM and talk about a few current issues in the world of finance, the first being that the new Insolvency service will soon be live. We also discussed the way that banks are dealing with borrowers, what the implications are and we also touched briefly on the Kilkenny trust.
This piece is about using rental yields to create a valuation, the way it works is to use the annual rent and assume that it represents a yield (anywhere from 7-8% for instance) then gross that up into a value which will mean at that price you are getting that yield.