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Ulster Bank is continuing to write to its current and deposit account customers on a phased, rolling basis, to give them six months’ notice to Choose a new provider, Move their balances and transactions and switch their account(s).

One year following the launch of current accounts at Ballina Credit Union, over 1,000 members have signed up for the full-service account that includes debit card, contactless payments and a low-cost fee structure.

Ulster Bank is continuing to write to its Athlone and Midlands region current and deposit account customers on a phased, rolling basis, to give them six months’ notice to choose a new provider, move their balances and transactions and switch their account(s).

Independent TD Seán Canney is calling on the Government to intervene and support the post office network before it collapses.

As house prices continue to escalate with the recent CSO House Price Index showing an annual increase in February of 16.8 per cent for properties outside Dublin and 13.5 per cent in Dublin, Brokers Ireland has said the market is almost back to the level house prices reached at peak in 2007 - with prices outside of Dublin just 3.9 per cent short of where they were then - and Dublin just over 10per cent behind peak.

Ireland’s mortgage switching market is exploding and not ahead of time - this is according to MyMortgages.ie, the online mortgage brokers who are reporting a 39 percent increase in their own levels of switching activity between March 2021 and March 2022.

Inflation figures released by the Central Statistics Office yesterday reveal that Irish inflation hit a record high. Prices on average, as measured by the Consumer Price Index (CPI), were 5.5 percent higher in December compared with December 2020. This is the largest annual change in prices since June 2001 when annual inflation was 5.3 percent. This increase in Irish inflation is mirrored in the euro area. The Harmonised Index of Consumer Prices (HICP) – the European Central Bank’s (ECB) preferred measurement of inflation - stood at 5 percent in December 2021 according to Eurostat’s flash estimate, which was the highest level recorded since the euro was introduced in 1999.

This winter, Rise Productions embark on a nationwide tour of Gavin Kostick’s FIGHT NIGHT to celebrate the show’s tenth anniversary, taking in Roscommon Arts Centre on Friday, November 19, at 8pm.

Commenting on the most recent Central Bank Retail Interest Rates publication for April, Brokers Ireland said with the second highest rate in the eurozone, after Greece, Irish mortgages holders are paying over €83,000 more than their euro area counterparts on a €300,000 mortgage over 30 years. (see chart below).

Brokers Ireland, which has long called for long-term fixed interest rate mortgages in Ireland, has welcomed the introduction by Finance Ireland of a 20-year fixed mortgage for the first time in Ireland.