Search Results for 'Finance'

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Large number of local community groups to benefit from Oweninny Community Benefit Fund allocations

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Mayo County Council and Oweninny Power Designated Activity Company Ltd have announced the allocation of approximately €200,000 to local community groups from North Mayo.

Report reveals long term mortgage arrears showing signs of improvement

Commenting on the most recent Residential Mortgage Arrears and Repossessions from the Central Bank for Q1 2020, Brokers Ireland said while it is positive that long-term arrears are showing signs of improvement they are not what they should be and there is strong evidence of ‘extend and pretend’ particularly in relation to longer term arrears.

Irish mortgage holders continue to pay excessive interest rates

Commenting on the most recent Central Bank report on retail interest rates for May, Brokers Ireland said not only are Irish mortgage holders paying much higher interest rates than their euro area counterparts but Irish SMEs are being “absolutely fleeced” by comparison with their euro area businesses.

IPAV expresses concerns pertaining to mortgage lending restrictions

IPAV, the Institute of Professional Auctioneers and Valuers, has warned that if over-zealous lending restrictions are implemented by banks it will ruin confidence among builders and cause house building to slow to a trickle.

Modest annual fall in residential property sale premiums year to date

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Sale prices fell by 3.3 percent in the year to June, according to the most recently issued Daft.ie Housing Market Report with the average price of a standard three bedroom semi-detached residential property in Westmeath now costing €140,000.

McNelis demands Government address rent debt and mortgage arrears caused by Covid-19

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"Too many people" have been unable to keep up with their rent or mortgage payments due to the societal effects of the Covid-19 pandemic, and the Government must take action on this issue.

IPAV notes extreme risk averse positions may impede recovery

Commenting on the most recent CSO Residential Property Price Index for March, IPAV, the Institute of Professional Auctioneers and Valuers, said there is little evidence so far of the impact of COVID-19 on the market.

Make substantial mortgage savings during lockdown

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The average household can offset some of the financial impacts of COVID-19 by saving €5,000 per annum in three simple steps according to a mortgage expert.

The benefits of using a broker

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Why do all the work yourself, when Sherry FitzGerald has a local Galway expert on hand to help?

Council Confirm arrangements for Home Loan Mortgage Payment Break

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Mayo County Council has confirmed arrangements are now in place for home loan borrowers who may be experiencing a reduction in their income arising from the Covid-19 emergency and may not be able to make repayments on their loans.

 

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