Your Questions: Should I use my pay increase to reduce my mortgage, or save it?

Your Questions: Should I use my pay increase to reduce my mortgage, or save it?

Posted on 12Aug

Charlie Weston

Question: I have just been promoted at work and got a pretty big pay increase. I am going to treat myself and the family to a holiday this year, as we have not been able to afford one since we bought our home two years ago. My wife thinks maybe we should throw an extra few euro on the mortgage each month, but I am not sure. Maybe we should just save it?

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Newstalk: Joey Sheahan, Head of Credit, Talks to Newstalk’s Sinead Ryan

Posted on 06Aug

Mortgages was the hot topic for this evening’s Consumer Call  in with Sinead Ryan.

Karl Deeter from Irish Mortgage Brokers and Joey Sheahan from were on Sinead’s expert panel offering advice, and answering listener queries.

Check out the full podcast ‘Consumer Call In: Mortgages’ here:

MyMortgages Limited trading as is regulated by the Central Bank of Ireland.

Bray People: “Calls to extend Help to Buy Scheme”

Posted on 01Aug


Calls have been made to extend the Help to Buy (HBT) scheme to include second-time property buyers in Wicklow.

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Dungarven Observer: “Calls for government to extend and expand Help to Buy Scheme”.

Posted on 29Jul

The Echo: “Damien takes up new role at “

Posted on 02May

In light of recent growth in the Mortgage Market, has appointed Tim O Sullivan as it’s Regional Mortgage Manager

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Property purchasers struggling to save more than a 10% deposit should remember that there are ways to get exempted from the rule.

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