Organisation: Brokers Ireland

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p>The changes are the result of a year-long review into mortgage lending by the Central Bank and are expected to come into effect by January 2023.</p>

economy

Mortgage rules will need to be loosened again to keep pace with rate hikes, brokers say

Brokers said that they expect affordability issues only to get worse

<p>Brokers Ireland chief executive Diarmuid Kelly said overregulation was one of the main reasons many smaller brokers were looking to exit the market.</p>

companies

Brokers welcome Central Bank’s review of consumer protection code

Brokers Ireland hopes the review will introduce a proportionate level of regulation that will benefit consumers without hindering brokers

economy

Motor insurance firms face no hard sanctions for 'anti-competitive' behaviour

Competition watchdog says the companies' commitment on pricing is a more effective outcome than fines or litigation

news

New laws to 'significantly strengthen' consumer watchdog after insurance probe

Mortgage application loan agreement and house key

economy

Some of Central Bank's mortgage lending rules 'crude and unfair'

news

Allegations seven motor insurance firms signalled price rises to cut competition

Mortgage rates fall in March but remain more than twice the euro average

Interest rates for new mortgages remain more than twice the European average, new Central Bank figures show.

Fri, 08 May, 2020

Post-Brexit property market recovery halted by Covid-19

The property market bounced back in February after a period of Brexit uncertainty but this growth was short-lived due to the Covid-19 outbreak.

Fri, 17 Apr, 2020

Mortgage interest relief measures slammed

Mortgage rules remain too stringent, warn industry representatives, despite latest Central Bank figures showing the lowest level of quarterly mortgage arrears in almost a decade.

Fri, 27 Mar, 2020

Gardaí make another arrest in 'ghost brokers' investigation

More than 600 insurance policies are now in the process of being cancelled under the Garda operation, codenamed PUCA.

Mon, 03 Feb, 2020

Over half of Irish households have some sort of debt - CSO

Irish households are now 80% wealthier than they were at the low point of the recession.

Thu, 30 Jan, 2020

Property price rises slowing as supply increases, CSO says

Property price rises are slowing across the state as supply increases, according to the latest Residential Property Price Index from the Central Statistics Office.

Wed, 15 Jan, 2020

Less than one-fifth of all homes bought this year have been new builds

New data released by the CSO illustrates the reliance on existing builds in the property market. It also shows price inflation at its lowest point since December 2007.

Thu, 12 Dec, 2019

Government to work with Gardaí and the insurance industry to crack down on ghost brokers

The government will work with gardaí and the insurance industry to crack down on ghost brokers who have duped thousands of motorists and left up to 10,000 people uninsured on the roads.

Thu, 21 Nov, 2019

Lack of new homes ‘deeply worrying’

The lack of new homes in Ireland is “deeply worrying” and is contributing to the challenges faced by first-time buyers trying to enter the market, according to Brokers Ireland.

Fri, 11 Oct, 2019

Lack of new homes 'deeply worrying' according to Brokers Ireland

The lack of new homes in Ireland is "deeply worrying" and is contributing to the challenges faced by first-time buyers trying to enter the market, according to Brokers Ireland.

Thu, 10 Oct, 2019

Irish mortgage-holders paying €2,000 extra a year compared to EU homeowners

Irish homeowners are paying almost €2,000 more a year for their mortgage than their European counterparts.

Sat, 15 Jun, 2019

Financial advisors baffled by Irish discriminatory savings tax rates

Equal taxes should be applied to profits from an investment as to Dirt tax on a bank account, as it makes no sense to penalise people by charging them a higher tax rate for making a more prudent investment.

Thu, 13 Jun, 2019

Property prices rise by over 80% since the market bottomed out

Property prices have now increased by more than 80% since the market hit its lowest point in 2013.

Wed, 15 May, 2019

‘Insurance denied to areas with flood defences’

The Government announcement of 50 new flood relief schemes at a cost of €257m has been welcomed in many quarters, but concerns are being raised that insurance companies are still refusing cover in areas in which flood defences have already been constructed.

Fri, 04 May, 2018

Warnings as house prices surge 13%

Soaring house costs that push people further away from their places of work due to unaffordable property prices are causing a form of “involuntary social engineering”, according to a brokers’ body.

Fri, 13 Apr, 2018

ECB inches toward start of rate hikes

The ECB is inching closer to a time when it will end its huge bond-buying programme of pumping money into the financial system, which will signal the start of hikes in interest rates for the first time since the crisis, writes Eamon Quinn.

Fri, 09 Mar, 2018

Mortgage initiative ‘could push prices up’

A new Government-backed mortgage scheme will not solve the severe shortage of homes and could further push prices up, it has been claimed

Tue, 23 Jan, 2018