If you're thinking of fixing your finances some recent moneysherpa analysis in @markcoan's https://t.co/zgoM2NimvV column might come in handy. Average tax rebates likely to be €2,000+ each and 50% can save by switching mortgage, energy, TV etc..
https://t.co/PNYSeTDVoN
2023 has been an amazing year for moneysherpa 2,500 consultations and shortlisted as Small Business of the Year! But, we couldn't have done it without our employees, partners and our customers. Wishing you all the best this Christmas, I hope it's a good one, with plenty of cheer!
Is @bunq ‘s new 2.46% deposit rate a tipping point for Irish banking? It potentially heralds a new era of EU wide competition that will radically improve consumer choice. https://t.co/m8bQytZlX8
Over 144,000 exposed to rate increases of up to 2%, +€220 a month to average mortgage.
With many mistakingly assuming lower ECB = lower mortgage rates, switching has slumped.
More needs to be done to highlight the risks facing these mortgage holders.
https://t.co/HJWpiz7IrF
This is likely to be missed by many given the terrible events in Dublin yesterday, but @CWeston_Indo highlights the Central Bank warning around 144,000 consumers of a potential mortgage time bomb in the @Independent_ie
Great to get the chance to highlight the plight of trapped renters with @cooper_m yesterday. I'd be interested to hear thoughts on the potential solutions we covered and what other options there may be?
https://t.co/SygMbxRI0N
@moneysherpaIE analysis shows that the average renter will now pay over €3,500 a year more than a buyer taking out a mortgage on the same property over 30 years. Raising questions about current mortgage rules stoping renters buying.
https://t.co/BjqniIH8a3
Great to get the chance to chat to @cooper_m about the growing financial gap between renters and buyers tonight. Renters unable to buy are at risk being locked out of building financial security for their families.
@moneysherpa analysis shows 150,000 households could face mortgage rates of 6%+ next year. I breakdown exactly why in my latest column for @ExtraIRL https://t.co/RG7pWjtxnG
Did the government miss a trick with mortgage rate relief including those who could fix? By focussing the same resources just on mortgage prisoners they could have protected those truly at risk. @LauraByrneStory#mortgageprisoners
https://t.co/mSbHq9wZwY
Thanks for highlighting @CWeston_Indo, @moneysherpaIE analysis shows that mortgage prisoners get just 10% of this relief, 90% going to those who chose not to fix. If the whole €125m went to prisoners it would have wiped out the 2023 hikes and given them breathing space.
The average mortgage rate relief in the budget is €400 each versus €2,000 in interest for 37,000 mortgage prisoners and over 120,000 others. The government could have wiped out the increase for prisoners, buying them much needed time. https://t.co/qMyBAW6Pon
The gap between the returns Irish savers can get with Irish banks and what they can get by moving to other banks in the EU is astonishing. Is the €139Bn on less than 0.2% in Ireland about to head overseas? Latest column for @TJ_Voices@thejournal_ie https://t.co/Nk9ENMTGni
🏡 Thinking about buying your first home in Ireland? 🇮🇪 Here's a quick rundown of key steps:
1️⃣ Get Your Finances in Place
2️⃣ Find the Right Property
3️⃣ Close Your Purchase
Read more about financing, Approval In Principle, and more in this guide: https://t.co/yPRzpjpXkx
@bunq Saving at 1.56% instead of the usual overnight rate in Ireland of less than 0.2% will make a big difference for those looking to put together a deposit. Ireland's a gerat place to live, but houses are expensive!