We were pleased to take part in a panel discussion on PTsb loans and how the sale would or would no imapct borrowers. We were on the panel with TD Mick Wallace and Fianna Fail TD Marc MacSharry. Later the head clerk of the high court Edmund Honohan joined the discussion.
Mark Cagney had Karl Deeter from Irish Mortgage Brokers on to talk about the launch of the ‘help to buy’ scheme, how it would work and whether or not it would prove to be effective.
We were asked to take part in a panel discussion on TV3’s “Tonight with Vincent Browne” to discuss housing. The main point that we raised was that prices are going to rise with or without any ‘help to buy’ scheme due to factors outside of the Governments control (such as zero interest rate policy by Central Banks).
This time around on the Insider, we looked at ‘flat rate expenses’ which are a tax credit that exists for many different jobs, but it is also something that a lot of people who could use them don’t know about! So we figured it was time to make sure everybody knows!
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 purchase.
Obviously the idea of ‘value’ isn’t just about materials, it’s also about utility and for that reason the materials assembled (construction) in a certain location may make them somewhat worthless, but it is an interesting development to note.
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 which is a cash plan (pays out on health related spending but isn’t like regular insurance).
Car insurance was also a topic – the new EU ruling will make it illegal to rate men and women differently based on their sex alone from 21st December this year.
Credit Unions were (and are) in the news because of problems they are having. We’ll be back with TV3 next month for more!