First time buyer Archives - MyLifeCover

Mortgages gold rush on the cards as ‘cash-back’ deals could be banned

Admin — Mon, 22 Jan 2018 11:11:08 +0000

Christian McCashin Fears that ‘cash-back’ mortgage offers will be banned this summer is expected to cause a surge of homeowners switching their mortgage. Fianna Fáil is looking to ban the offers, which give borrowers a return of around 2% of the mortgage back in cash. This would force the banks to compete on interest … Continue reading "Mortgages gold rush on the cards as ‘cash-back’ deals could be banned"

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Gaff Loan Deal Hunt

Admin — Wed, 17 Jan 2018 12:39:54 +0000

Savings of around €300 a month have resulted in a surge in mortgage holders changing lender, experts have reported. One broker yesterday told how enquires about switching had trebled this month – and predicted the market will see double-digit growth before the end of June. Joey Sheahan. Of MyMortgages.ie, credited news coverage of cheaper deals … Continue reading "Gaff Loan Deal Hunt"

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Cutting the monthly mortgage bill is easy — and profitable

Admin — Fri, 05 Jan 2018 18:37:06 +0000

Friday, January 05, 2018 – 06:15 am Time spent reducing your debts, bills and tax will be the most profitable time you spend this year, writes John Hearne. A credit union survey suggests it takes an average of eight-and-a-half weeks to get back to normal after the annual overspend. If you’re carrying a large credit … Continue reading "Cutting the monthly mortgage bill is easy — and profitable"

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More than 60 first-time buyers get approved every day for €218k mortgage

Admin — Thu, 21 Dec 2017 11:56:40 +0000

Figures show first-time buyers now account for 50% of approvals as rising prices drive up average mortgage loan Tue, Nov 28, 2017, 09:13 Fiona Reddan Every day in October, some 62 first time buyers got approval for a mortgage worth an average of €218,000, new figures show, which also reveal that while the rate … Continue reading "More than 60 first-time buyers get approved every day for €218k mortgage"

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Mortgage Switching Can Save Homeowners Between €1,200 & €3,600 A Year

Admin — Tue, 19 Dec 2017 10:12:30 +0000

Written by Robert McHugh, on 24th Nov, 2017. Posted in Property Despite the Central Banks recent efforts to highlight the benefits of mortgage switching to consumers, the majority of mortgage holders remain unaware of the potential savings that exist and of their eligibility to switch lenders. This is according to figures from MyMortgages.ie who … Continue reading "Mortgage Switching Can Save Homeowners Between €1,200 & €3,600 A Year"

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A Good Time to Switch Mortgage.

Admin — Wed, 13 Dec 2017 15:32:12 +0000

John Hearne looks at why the right mortgage switch can deliver you up to €3,600 in annual savings Mortgage brokers MyMortgages.ie reveals that switching mortgage providers can save homeowners anywhere between €1,200 an €3,600 per year. Joey Sheahan is head of credit with MyMortgages.ie. He says that despite the fact that the mortgage payment … Continue reading "A Good Time to Switch Mortgage."

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Making Cents: Switch your mortgage to avail of great savings

Admin — Tue, 05 Dec 2017 11:03:46 +0000

Tuesday, December 05, 2017 For those of us not lucky enough to be on a tracker mortgage, there has been some good news in the last couple of month, with many of the main providers reducing either fixed or variable rates, writes Grainne McGuinness. Bonkers.ie head of communications Mark Whelan, said recently: “There is … Continue reading "Making Cents: Switch your mortgage to avail of great savings"

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Mortgage borrowers will save ‘if they switch’

Admin — Mon, 04 Dec 2017 10:32:56 +0000

By Christian McCashin Home owners can save almost a third of the value of their mortgage by simply switching to a cheaper deal. A bank mortgage price war means anyone on an average variable rate can save hundreds a month on even a relatively small home loan of €150,000. Joey Sheahan, of MyMortgages.ie said: ‘Many … Continue reading "Mortgage borrowers will save ‘if they switch’"

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HOUSE ABOUT THIS SAVING?

Admin — Fri, 01 Dec 2017 11:07:03 +0000

How Irish homeowners could save €3,600 a year by making mortgage switch – all your questions answered about making the move According to MyMortgages.ie research, the ‘average’ borrower could save between €40,000 and €100,000 over the lifetime of their mortgage by moving to another lender By Fiona Ellis 30 November 2017 According to the company’s … Continue reading "HOUSE ABOUT THIS SAVING?"

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Where are the incentives for the negative equity generation?

Admin — Thu, 30 Nov 2017 12:12:07 +0000

Looser Central Bank rules, generous Help to Buy grants for first-time buyers – but trader uppers are being left out in the cold Fiona Reddan Tue, Dec 13, 2016 Carton Wood, Maynooth. A first time buyer would need a deposit of just €14,750 to buy a three-bed semi-detached house worth €295,000. Someone trading up on the … Continue reading "Where are the incentives for the negative equity generation?"

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