# Mortgage

This year

2023

Voices

Analysis: 'A number of variable mortgage holders are now looking vulnerable to rate hikes'

Mark Coan of moneysherpa has some advice for those on variable or short term fixed rates.

10.5k

May 29th 2023, 7:30 PM

# Insurance

Insurers to offer cancer survivors the right to be forgotten under revised industry code

Insurers will disregard cancer diagnoses where treatment ended more than seven years before an application under a revised Insurance Ireland code of practice.

16.2k

Updated

Apr 3rd 2023, 1:03 PM

# BOI

Bank of Ireland increases on fixed mortgage rates to take effect from today

The bank’s fixed mortgage rates for new and existing customers will increase by 0.5%.

22.9k

Mar 31st 2023, 11:24 AM

# Finance committee

Homeowners with €6,000 owed on mortgage given repossession orders, committee told

An Oireachtas committee was told non-banking entities own more than 56% of all domestic mortgages in arrears.

36.4k

Mar 8th 2023, 6:42 PM

# Interest Rates

Permanent TSB is increasing its new fixed mortgage rates by 0.75%

The changes announced today follow five rounds of interest rate increases from the European Central Bank.

11.5k

Mar 7th 2023, 4:27 PM

# European Central Bank

Bank of Ireland increasing fixed mortgage rates again

The banks’s fixed interest rates will increase by 0.75% for all new mortgage loan drawdowns.

20.5k

Jan 24th 2023, 1:17 PM

Voices

Opinion: 'Telling my child she'd missed a school place broke my heart'

Mum Margaret Lynch says she and her family are no closer to owning their home, after years of trying.

35.5k

Updated

Jan 16th 2023, 10:30 AM

All time

# first time buyers

Central Bank gives green light to shared equity scheme but warns it could increase house prices

The Central Bank has left its mortgage rules unchanged.

23.5k

Updated

Nov 25th 2021, 2:24 PM

# Mortgages

Significant decline in buy-to-lets as Covid-19 continues to impact housing market

Buy-to-let investors now account for less than 1% of mortgages, compared to 20% in 2006, according to new figures.

13.9k

Mar 9th 2021, 6:00 AM

# Fraud

Man arrested over €20 million property fraud

Gardaí say mortgage charges were fraudulently removed from 12 properties.

38.7k

Mar 3rd 2021, 6:09 PM

# property ladder

Over 5,200 mortgages approved in October, with surge driven by first-time buyers

October was the busiest month for mortgage approvals since BPFI began collecting this data in 2011.

20.4k

Dec 1st 2020, 6:30 AM

# property ladder

'A lot of people are stuck in a rip-off rental trap': New minister promises affordable housing scheme

Darragh O’Brien said he wants to ensure houses ranging in price from €160,000 to €250,000 will be available.

36.6k

135

Jun 30th 2020, 11:08 AM

# covid19

Call for banks to reverse 'de-facto ban' on mortgage approval for wage subsidy recipients

Applicants who received approval before the Covid-19 crisis have had approval pulled.

14.9k

Jun 30th 2020, 10:30 AM

# covid19

Almost 4,000 mortgage accounts fell into arrears in Q1 of this year, figures from the Central Bank show

The lowest number of mortgage arrears since 2010 was recorded in the first quarter of the year.

12.7k

Jun 23rd 2020, 3:50 PM

# payment deferral

Internal bank documents reveal AIB mortgage break did require savings before meeting with minister

At the end of last week and over the weekend customers complained of issues they had accessing this payment deferral.

74.6k

Mar 27th 2020, 12:05 AM

# personal insolvency

High Court approves debt write down of millions of euro for two Tipperary women

They will continue to make payments on the mortgages on their respective homes and they will each make lump sum payments of €100.

49.2k

Mar 11th 2020, 6:11 PM

# property ladder

First-time buyers made up most of the 12,000 mortgages drawn down in last quarter of 2019

The 12,259 mortgages are valued at €2.7 billion.

9.5k

Jan 29th 2020, 6:05 AM

# Courts

Man who used fake documents to apply for €270k mortgage given a suspended sentence

The man used the loan to purchase a house in Walkinstown in Dublin.

38.7k

Dec 5th 2019, 9:30 PM

# priced out

Increase in first-time buyers moving to Dublin commuter belt

One economist warned that this increased activity will put pressure on the infrastructural needs in these areas.

23.2k

Dec 5th 2019, 6:20 AM

# crackdown

New Central Bank rules to stop brokers accepting free golf trips and sports tickets from banks

From March next year, brokers and financial adviser will also have to publish details of commissions they receive on their websites.

10.6k

Sep 25th 2019, 6:10 AM

Will the help-to-buy scheme be extended or scrapped? Minister won't rule it in or out until Budget 2020

Minister for Finance Paschal Donohoe said the scheme has played a ‘valuable role’.

17.0k

Jul 16th 2019, 10:36 PM

# homeoptions

'It's a no-brainer': New not-for-profit company aims to keep distressed borrowers in their homes

Homeoptions is offering itself as an alternative to vulture funds and said it is already engaging with one bank in relation to a home loan portfolio.

11.4k

Jul 9th 2019, 3:25 PM

# rebuilding ireland

Families still 'in limbo' despite Minister's assurance home loan scheme funding 'will be honoured'

The Housing Minister said he does not know why Louth County Council has decided not to issue loans that are already approved.

9.1k

Jun 21st 2019, 6:15 AM

# Central Bank

Mortgage rates in Ireland are still one of the highest in Europe

The volume of new mortgage agreements amounted to €598 million in April 2019.

22.3k

Jun 15th 2019, 1:13 PM

# Vulture funds

Taoiseach says he didn’t realise his mortgage could be sold on by his bank when he took it out in 2003

In an interview with TheJournal.ie this week, the Taoiseach said he understood the intent behind Sinn Féin’s No Consent No Sale Bill.

116k

Apr 19th 2019, 6:10 AM

# Financial Services Ombudsman

Couple received €40,000 after insurer tried to reject storm damage claim

There were 5,692 complaints made to the financial services ombudsman last year – one third of those about insurance.

27.2k

Mar 28th 2019, 5:10 PM

# Mortgages

Property prices in Dublin city decrease but rise across the country

People struggling to get mortgages and concerns about Brexit are affecting the market.

63.7k

Mar 25th 2019, 10:25 AM

# Department of Finance

Mortgage interest rates will rise, says research, 'making repayment difficult' for some Irish households

Irish households are in a better position to withstand “adverse shocks” than it was in 2014.

43.5k

Mar 12th 2019, 6:20 AM

# Repossessions

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.

11.0k

Feb 26th 2019, 9:37 AM

# Tracker Mortgage

Banks pay out €647 million to victims of tracker mortgage scandal

The number of people affected by the overcharging scandal has now risen to almost 40,000.

19.6k

Feb 4th 2019, 1:04 PM

Voices

Opinion: Sound the alarm - a proposed EU directive on bad loans will give vulture funds a free rein

A proposed new EU Directive aims to develop a secondary market for non-performing loans and poses a serious threat to the rights of borrowers and consumers, writes Matt Carthy.

18.8k

Jan 24th 2019, 7:00 AM

# Security

Union says KBC staff 'extremely upset and stressed' by recent incidents

KBC Ireland said it is taking additional measures to ensure the safety of its staff.

25.8k

Dec 23rd 2018, 3:22 PM

# Central Bank

Warning people will be stuck in rental market as regulator leaves mortgage rules unchanged

Central Bank governor Philip Lane said the measures protect borrowers from excessive debt.

24.3k

Nov 28th 2018, 5:04 PM

Voices

How I Spend My Money: A sales worker on €70,000 saving €1,000 a month for a mortgage

She’s moved in with her sister in order to save as fast as she can.

85.5k

Nov 18th 2018, 8:01 PM

# factcheck

FactCheck: Has the number of cases taken by banks over arrears halved in two years?

Brendan Burgess claims there is “no tsunami” of arrears cases now.

11.4k

Nov 17th 2018, 12:05 AM

# Concrete

Mica scandal: Family living in 'falling down house' finds out mortgage has been sold to vulture fund

Just a month before the government announced a redress scheme for the thousands of impacted homeowners, Karl Murtagh was told his mortgage had been sold.

59.2k

Oct 29th 2018, 12:05 AM

Voices

How I Spend My Money: An e-commerce worker on €35,000 saving to build his own house

He has kept up his hobbies despite many cutbacks.

40.8k

Oct 10th 2018, 7:33 PM

# property ladder

Over 4,000 mortgages approved last month, with lots of people switching

The almost 45,000 mortgages approved in the last 12 months are valued at €9.9 billion.

20.0k

Sep 27th 2018, 6:40 AM

# Arrears

Call for householders to be given free legal aid to address 'power imbalance' during reposessions

Minister Charlie Flanagan today praised the success of the Abhaile legal advice scheme, but did not indicate it would be extended to provide full representation.

8.9k

Sep 11th 2018, 1:34 PM

# Start Mortgages

PTSB defends timing of letters to homeowners about mortgage sale to vulture fund

The announcement was made about the loans earlier this week – and it has since emerged that the portfolio included performing loans.

18.3k

Aug 5th 2018, 6:00 AM