New arrival could change Irish mortgage market – expert
The arrival of Avant Money could change the way that the Irish mortgage market is structured, according to a mortgage expert. With the announcement of the first sub 2% rate in the market since trackers were available, Avant Money will bring rate cuts, increased choice and long-term value to Irish consumers, according to mortgage expert […]
Call for Emergency Legislation on Mortgages and Rent
Seanad Eireann Candidate Peter Finnegan is calling on the Government to enact Emergency Legislation requiring Banks to place a moratorium on mortgage payments and loan repayments for a period of six months while the country is engulfed in the Coronavirus crisis. He is also calling for emergency measures by Government to assist businesses who continue […]
CIF Comment On Central Bank Rule Changes
Following the review of mortgage measures announced by the Central Bank, CIF Director General, Tom Parlon, stated: “The CIF recognises that the Central Bank’s macro-prudential rules are part of a necessary regulatory framework within the Irish banking system. Today’s changes to the deposit rules may assist first-time buyers in securing mortgages. Providing mortgages to this […]
Anti Eviction Taskforce Launches in Ireland
An independent group of home owners has decided to band together and unite in a concerted effort to protect all homes against repossession. The group, calling itself the Anti-Eviction Taskforce is growing in numbers at a tremendous pace. Starting with a handful of people under threat of eviction, its numbers swelled to over 200 people […]