Search Results for 'United States housing bubble'

Those looking to purchase their first home but who are finding it difficult to secure the necessary finance should consider the Home Choice Loan Scheme.

As the highest ever number of unemployed people was recorded this week with more than 452,000 now without jobs, Government representatives have rejected claims that Ireland is entering a decade of stagnation due to a ‘jobless recovery’.

1. Never sign a contract that you do not understand (for example - if it is in a foreign language).

A first-time buyer is someone who has not previously either individually or jointly, purchased or built, on his or her own behalf, a house in Ireland or abroad. Where there is more than one purchaser, each must come within the scope of the definition in order to avail of stamp duty exemptions. In addition, it must be your principal private residence and no rent, other than rent under the stamp duty rent a room arrangements, can be derived from the property for two years after the date of the current purchase.

Ireland’s leading housing charity is seeking a complete overhaul of the Mortgage Interest Supplement claiming its criteria are too strict and not realistic in the current environment.

Ireland’s leading housing charity is seeking a complete overhaul of the Mortgage Interest Supplement claiming its criteria are too strict and not realistic in the current environment.

There is good news for mortgage holders from the Financial Regulator, according to Minister for Labour Affairs Dara Calleary.

Over the last year to 18 months, as house price growth has slowed, many people have decided to renovate or extend their own homes rather than purchase a larger home. To finance these renovations it is possible to release equity in an existing home.

The global markets are under fierce pressure to compete at the moment and experts would suggest that it all started in the USA with lending institutions getting involved in the sub-prime markets. This in turn has affected all markets world-wide, with Ireland no exception.

Q. I want to buy a property to lease back to my company. I need to borrow the purchase price. Is there a tax efficient way of doing this and what are the financial implications?