Keane Finance Brokers » Archive for February 2010
Irish Bank are starting to Lend again!!!
Mortgage Lending has Started again!!! KBC Mortgages have recently confirmed that they have confirmed that they are actively seeking opportunities to lend to first time buyers and people looking to switch lenders in the Irish mortgage market. In exciting news to the Irish mortgage market, KBC see that there will be an increase in lending in the near future and want to establish a lead in the market. Kevin Keane of Keane Finance Brokers see this as a timely boost to the crippled mortgage market. “This is a boost to the first time buyer in Ireland as it is very difficult to obtain any level of funding in Ireland today. It has come to a stage where people are put off applying for mortgages as there seems to be nobody lending”. However, KBC see … Read entire article »
Filed under: Useful Links and Tools
Kevin Keane Finance Brokers Analyse the latest Irish Mortgage News…
Irish Mortgage News… According to the Irish Banking Federation, house prices have continued to fall every month since March 2007. Kevin Keane from Keane Finance Brokers in Galway, looks at where the market is at and offers some solace to home owners and to people looking to buy. “I’d love to be really optimistic about the state of the market but its difficult. The credit needs to start flowing before any improvement can happen. With the impending merger between PTSB, EBS & irish Nationwide and the continuing challenge with AIB and BOI – there is very little happening – so it is a case of wait and see for the majority” So it looks like the current situation is here to stay. “it’s very similar with the clients we deal with” says Kevin. “We … Read entire article »
Filed under: Commercial Finance Consulting
Jobs to go at Bank of Scotland (BOSI)/Halifax
Bank of Scotland 750 jobs are to go at Bank of Scotland (Ireland) Limited after an announcement today. The majority of the jobs are to go in the retail branches of Halifax. This follows on from the acquisition of the ESB retail offices in 2005 which was always a strange decision. As a former employee of BOSI this is not good news to hear as I know some people affected, who were colleagues of mine in the past. Halifax People with current accounts/ credit cards and deposits with Halifax will have allegedly until May to move accounts. Details will follow by means of letter to Halifax customers in coming weeks. If you are a Bank of Scotland customer and have commercial loans that you would like to discuss with somebody contact us directly. Kevin Keane … Read entire article »
Filed under: Useful Links and Tools
7 Recession Beating Tips
7 Recession Beating Tips Want to make sure you are doing the best you can to beat the recession? Want to make sure your financial situation is as up to date as possible and that you are getting the best deals available to you? Well if you would like to receive your free recession beating report just fill in your details on the right hand side of this page and we will email it directly to you. Alternatively email info@kfb.ie with the subject recession and we will send the report directly to you Share on Facebook … Read entire article »
Filed under: Useful Links and Tools
Cancel your Hire Purchase Agreement easily…
Half Rule You can terminate a consumer hire purchase agreement at any time by either settling the deal or using the “half rule”. Neither method will have any effect on your credit rating. Many consumers are not aware of this rule that is available to them. Kevin Keane of Keane Finance Brokers see is as an option for people who might want to end their hire purchase agreement without it having any adverse effect on their credit rating. “ We have come across this in many instances where consumers are not aware of this rule. It is perfectly legal and once carried out within a certain procedure there will be no adverse effects on the persons credit ratings” The Half Rule is available to anyone with a hire purchase agreement on their vehicle, but … Read entire article »
Filed under: Featured, Useful Links and Tools
ESRI House Price Index
permanent tsb/ ESRI House Price Index – end of year figures * Average national house prices down 18.5% in 2009 * Average national prices now at April 2003 levels * 31.5% decrease since peak in February 2007 Dublin V Rest of Country Dublin house prices fell by 4.3% in December while there was a reduction of 2.5% for houses outside Dublin. In November the relative price changes were -0.4% and -2.6%. In 2009 House prices were reduced by 20.6% and 15.3% in Dublin and Outside Dublin respectively. The equivalent rates in 2008 were reductions of 11.7% and 10.2% respectively. The average price for a house in Dublin and outside Dublin in December 2009 was EUR 278,767 and EUR 189,643 respectively. The equivalent prices in December 2008 were EUR 351,096 and EUR 223,984. Editors Notes The permanent tsb … Read entire article »
Filed under: Useful Links and Tools