Sligo Weekender: “€8.9m of home sales in May amid call for help for buyers”

01Aug

Sligo Weekender: “€8.9m of home sales in May amid call for help for buyers”

by MyMortgagesUncategorisedapply for a mortgage, buying a home mortgage, First Time Buyers (FTB), FTB, Help to Buy (HTB), HTB scheme, interest rates, mortgage assistance, Mortgage broker

15/07/2019

There were 71 houses and apartments sold in Sligo in May, to a total value of €8.9m, but there has been a call for the government to extend the Help to Buy Scheme to help many who cannot afford to buy.

15Jul

Irish Examiner: Mortgage Expert: Extend Help-To-Buy

by MyMortgagesUncategorisedbuying a home mortgage, First time buyer, First Time Home Buyer, first-time buyers, Mortgage Application, mortgage assistance, Mortgage broker, Mortgage Broker Cork, Mortgage Broker Dublin

The help-to-buy scheme should be extended “sooner rather than later” to help first-time buyers being priced out, a mortgage expert has said.

Joey Sheahan of MyMortgages.ie was speaking as a report from EY and DKM showed nearly half of all counties in the Republic are now unaffordable for first time buyers on an average income.

15Jul

Irish Examiner: Dramatic fall off’ in first-time buyers if Help-to-Buy scheme not extended, expert warns

by MyMortgagesUncategorisedFirst time buyer, First Time Home Buyer, Mortgage Application, Mortgage broker, Mortgage Broker Cork, Mortgage Broker Dublin

There will be a “dramatic fall off” in first-time buyers entering the market next year if the Help-to-Buy scheme is not extended.

That was the stark warning from the head of credit at MyMortgages.ie, Joe Sheahan, who was responding to the latest Central Statistics Office (CSO) figures on house prices.

While house prices continue to ease with the annual rate of increase in May now the lowest in six years, prices increased by 2.8% nationally in the year to May, compared to a 3% increase in the year to April.

11Jul

Property price inflation slows to six-year low of 2.8%

by MyMortgagesUncategorisedcentral bank lending rules, Dublin residential property, mortgage assistance, Mortgage broker, Mortgage Broker Dublin, Mortgages Dublin, property prices, Residential Property Price Index, slowdown property-price inflation

Latest official figures show the headline rate of inflation in the capital city Dublin at 0.6%

20Jun

Mortgage Broker Gets Behind Cork Legal Eagles in the Eurolawyers Football World Cup

by MyMortgagesUncategorisedMortgage broker, Mortgage Broker Cork, Mortgage Broker Dublin

Pictured above from left to right:

Dermot Kelly, Kelly Dullea, Shane Healy & Maurice O’Connor, Healy O’Connor, Jonathan Lynam, Murphy Lynam, Joey Sheahan MyMortgages.ie Peter Kiely, Timothy J Hegarty & Co,

In front John O’Flynn of Summa Sportswear and Neal Horgan of JW O’Donovan

07Jun

The Irish Examiner: 20% of properties sold to big investors

by MyMortgagesUncategorisedMortgage Application, mortgage assistance, Mortgage broker, Mortgage Broker Cork, Mortgage Broker Dublin, Mortgage lender, mortgage rates, Mortgages Dublin, Mortgages Ireland

One-fifth of all property sales in the first quarter of 2019 were to large international investors and real estate investment trusts. A new report from the Banking and Payments Federation Ireland (BPFI) shows the extent to which investors are impacting on the private housing market in Ireland.

05Jun

Irish Independent: Your Questions ‘We can’t meet the full mortgage payments – can we sell to our son?’

by MyMortgagesUncategorisedapply for a mortgage, Capital Acquisitions Tax (CAT)., Mortgage Application, Mortgage broker, mortgage-to-rent scheme, personal finance, personal insolvency practitioner (PIP).

Charlie Weston

Q Both my wife and I are social welfare pensioners, and we are paying interest-only repayments on our home mortgage. We re-mortgaged the house to keep our business going in 2005, but the business failed in 2013. We recently exited insolvency, and the only outstanding debt is a mortgage of €216,000 on the family home.