Bankruptcy could be reduced to three years under new personal debt measures
Reports suggest that new government proposals to tackle consumer debt will include three separate voluntary debt settlement agreements and reduce the bankruptcy process to three years. The choice of...
View ArticleBottom of housing market not yet reached, insist Davy’s
The collapse in the Irish property market is not over with prices expected to fall by up to 70% from the house price bubble peak before they bottom out, according to a report from Davy Stockbrokers...
View ArticleMcGrath insists it would be “foolish” to introduce a property tax
Fianna Fáil finance spokesman Michael McGrath has spoken out against the forthcoming property tax, insisting people simply do not have the money to pay for it. Writing in the Irish Examiner, the Cork...
View ArticleHomeowners strategically avoiding mortgage repayments, insist Davy’s
New research from Davy Stockbrokers has found that a proportion of Irish mortgage holders are opting not to repay their loans by taking part in “strategic non-payment” of debt. The report by Davy’s...
View ArticleDublin office rents to rise by 40%
Dublin office rents look set to climb to as high as €50 per sq ft, thats according to the latest report by Davy Stockbrokers on the commercial property sector, thats a potential increase of 40% on...
View ArticleAlmost 16,000 mortgages issued so far this year
Almost 16,000 people have taken out a mortgage to date this year as an increasing number of people look to get on the property ladder. On average, 2,574 mortgages were approved in each of the summer...
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Bankruptcy could be reduced to three years under new personal debt measures
Details are beginning to emerge of the government's proposed new personal debt measures Reports suggest that new government proposals to tackle consumer debt will include three separate voluntary debt...
View ArticleMortgage approvals up 12% year-on-year
New data from the Banking and Payments Federation, shows that mortgage approvals for house purchases were €447m in May, up 12.0% on the year. This compares with 60% annual growth recorded in the first...
View ArticleMortgage approvals up 12% year-on-year
New data from the Banking and Payments Federation, shows that mortgage approvals for house purchases were €447m in May, up 12.0% on the year. This compares with 60% annual growth recorded in the first...
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