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#Home Owners

# home-owners - Tuesday 26 February, 2019

Cabinet to consider Bill to help borrowers in mortgage arrears

The Bill aims to broaden the matters a judge needs to take into account when considering repossessions.

# home-owners - Thursday 4 February, 2016

6 things no one tells you about buying a house

Prepare yourself.

# home-owners - Friday 16 May, 2014

From The Daily Edge Suspected home explosion turns out to be just a huge mess Hoarders

Suspected home explosion turns out to be just a huge mess

Oh… we’ll just be moving to a different country now.

# home-owners - Monday 9 December, 2013

Local authorities issue 99 mortgage approvals this year

If you have been turned down for a bank loan you can apply for a loan from your local authority.

# home-owners - Tuesday 29 October, 2013

From The Daily Edge 6 things you'll hear new homeowners say Sponsored By Ebs

6 things you'll hear new homeowners say

Trust us, you’ll recognise these gems. You might have even said them yourself.

# home-owners - Wednesday 2 October, 2013

Number of homeowners in mortgage arrears quadrupled since 2009

Figures from the Central Bank of Ireland reveals that outstanding mortgage arrears increased in the second quarter of this year.

# home-owners - Monday 25 March, 2013

Revenue property tax website cost just under €50,000, says Noonan

Latest figures from Revenue show just over 7,000 people have paid the property tax in its first fortnight.

# home-owners - Thursday 27 December, 2012

Over 1.1 million have now paid the Household Charge - Hogan

Hogan thanked all those who had registered their properties and paid the charge, saying €113.35 million has been collected and reallocated to local authorities.

# home-owners - Wednesday 5 December, 2012

Mortgage interest relief to end - but first time buyers exempt from property tax until 2016

The mortgage relief measure introduced in last year’s Budget will come to an end this month.

# home-owners - Monday 15 October, 2012

Another 180 houses now available through NAMA's 80:20 scheme

The initiative promises potential buyers protection from negative equity.

# home-owners - Tuesday 11 September, 2012

More immigrants buying homes in Ireland than ever before

Around 7 per cent of immigrants in Ireland now has a mortgage, compared to around 14 per cent of Irish-born people.

# home-owners - Wednesday 21 March, 2012

Unite urges members not to pay household charge

The trade union has dismissed the charge as unfair and called on its members not to pay – all 60,000 of them.

# home-owners - Thursday 5 January, 2012

The 5 at 5: Thursday

5 stories, 5 minutes, 5 o’clock…

# home-owners - Thursday 29 December, 2011

Column: Our landlord went into receivership – now we’re in limbo

Her building crumbling and in legal limbo, Alsa Campbell writes about how tenants are finding themselves at the sharp end of landlords’ financial troubles.

# home-owners - Thursday 8 December, 2011

Poll: Should people be helped onto the property ladder? Your Say This post contains a poll

Poll: Should people be helped onto the property ladder?

Do you agree with the Government’s plans to boost mortgage interest relief? Let us know…

Explainer: Changes to mortgage interest relief

Finance Minister Michael Noonan has introduced changes to the mortgage interest relief available to buyers and home owners as part of next year’s Budget – but what does it mean?

# home-owners - Tuesday 5 October, 2010

Property prices drop 3.7% in third quarter as buyers remain jittery

As the latest Daft report is released, economist Ronan Lyons explains why house-hunters are afraid to take the plunge.

# home-owners - Friday 13 August, 2010

THE CENTRAL Bank and Financial Regulator have published a report proposing methods to help people who are experiencing financial problems during the recession.

Read the report.

The paper outlines possible new regulations for dealing with those who are in mortgage arrears.

Under the proposed rules:

  • Banks and building societies would (still) have to wait 12 months before applying for a home repossession, if the person in arrears is cooperating
  • If homeowners sign up to a new repayment arrangement, the 12-month period would start only when they fall into arrears under the new scheme
  • Information must be provided to borrowers in clear English when they go into arrears
  • Lenders would have to wait for the outcome of any complaint or appeals process before applying for repossession of a home
  • Lenders would be required to explore “all viable options” and alternative repayment measures with homeowner
  • Lenders would be stopped from forcing people to switch from a tracker mortgage to another type of mortgage
  • Lenders would be required to set up an appeals process for homeowners
  • Lenders would be required to have in place a Mortgage Arrears Resolution Process (MARP) as a framework for handling arrears and pre-arrears cases

The Mortgage Arrears and Personal Debt Expert Group, who put together the proposals, are seeking feedback from any interested parties. It asks that all suggestions be made by 3 September.

Find more information on the Financial Regulator‘s website, or email suggestions (which you would not mind being published publicly) to:

# home-owners - Tuesday 3 August, 2010

BANK OF IRELAND and ICS Building society are to increase their mortgage rates. BOI will increase its variable rate by 0.45% and ICS by 0.6%. BOI says it has no further plans to increase its rates this year unless the ECB increases rates. The move follows Permanent TSB’s July rate hike.

# home-owners - Tuesday 13 July, 2010

A REPORT from the Department of the Environment says that almost 200,000 homeworkers are facing negative equity by the end of the year. The Housing Market Overview 2009 says price recovery will take longer outside urban areas, and that the downturn may be longer and more severe than expected.

Demolition may be the most likely option for these houses, that may never sell.

Figures from say the average price paid for a home is €224,000, a drop of 36% from €352,500 in 2007, when the Celtic Tiger was in its prime. House prices in Dublin have dropped 40% to an average of €272,500, down from €457,000. The Daft report tracks the asking price for houses between March and June this year. The report says that prices fell a further 4% during the period, a smaller drop than in previous period., and Permanent TSB have previously reported drops of 27% and 34% between January and March this year.