Month: August 2009

Record number of homes repossessed: Could you be next?

Record number of homes repossessed: Could you be next?

Repossession: Could you be next?

The Irish Banking Federation (IBF) has estimated that there are approximately 14,000 people in Ireland with mortgages in arrears. So it’s not surprising to hear that with the recession in full swing and money fairly sparse that around 225 orders for property repossessions were made by the circuit courts last year. The outstanding credit to private households reached a colossal €171.7 billion …

Proposed Residential Property Tax For All

Proposed Residential Property Tax For All

Residential Property Tax Proposed

So, the Government have just introduced a €200 property tax for owners of second homes, which might I remind you has been effective since the 31st of July, but now the Government are seriously exploring the idea of introducing a Residential Property Tax for all! That’s right, you heard me, anyone who owns a home, regardless if it’s your first, second, third …

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