According to the Irish Independent in a recent article The Central Bank’s new mortgage deposit plan risks squeezing first-time buyers out of the market, bank chiefs have warned. Ulster Bank boss Jim Brown said almost seven out of 10 first-time buyer mortgages approved by his bank this year would have fallen foul of the move […]

MOST people believe that Minister for Finance Michael Noonan failed to put any money back in their pockets in last month’s budget, according to a new poll commissioned by the Sunday Independent. The survey shows only 8pc of respondents believe they are better off as a result of Noonan’s budget while 35pc believe they are […]

The budget was a “missed opportunity” for Ireland to further reduce its debt pile, Moody’s has said. The credit ratings giant said that by easing up in the Budget, the Government has left the public finances more vulnerable to “unexpected shocks”. Moody’s, which upgraded Ireland’s rating twice in less than six months this year, said […]