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Number of TDs opposing household charge rises to 18

The number of TDs boycotting the new household charge has now risen to 18. Sinn Féin's Pearse Doherty has become the most high profile of the deputies opposing the new €100 charge, which comes into effect in January. The campaign against the new charge was…

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Hogan hits out at "irresponsible" TDs opposing household charge

Home, Mortgages & Money, Property News

The 14 TDs threatening to boycott the €100 household charge would bring the Oireachtas “down a very dangerous road for our democracy,” Minister for the Environment Phil Hogan has warned. Hitting out at the group who are refusing to pay the charge, Mr Hogan described…

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TDs to outline plans for boycott of household charge later today

Home, Mortgages & Money, Property News

A small number of opposition TDs will hold a press conference later today outlining plans for a nationwide campaign urging householders to boycott the government’s €100 household charge. The five TDs from the United Left Alliance – backed by other independents including Thomas Pringle and…

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No nominee put forward to replace former Housing Minister Penrose

Property News

No replacement for Willie Penrose has Minister for Housing has been made because Labour leader Eamon Gilmore has yet to propose someone to fill the vacant junior ministry, according to Taoiseach Enda Kenny. Taking questions in the Dáil this morning, Mr Kenny explained that the…

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Gilmore calls on banks to pass on latest rate cut

Mortgages & Money, Property News

Tanaiste Eamon Gilmore has pledged to challenge banks if they fail to reduce their mortgage interest rates in line with European Central Bank cuts. He challenged the country’s financial institutions to pass on the rate cuts to variable rate mortgage holders shortly before the ECB…

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No replacement for Penrose until after Budget

Property News

A new Minister for Housing will not be appointed until after the Budget, it has been revealed. The vacancy came about following Deputy Willie Penrose’s decision to quit his post as a super junior minister in light of the government’s plans to close the army…

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Banks spend almost €7 million on legal fees relating to house repossession cases in last three years

Mortgages & Money, Property News

ALMOST €7 million has been spent by Irish financial institutions covered by the State guarantee in the past three years on legal fees related to house repossession cases. Minister for Finance Michael Noonan revealed the figures in the Dáil last week following a query from…

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Taoiseach expresses disappointment at banks' failure to pass on ECB rate cut

Mortgages & Money, Property News

TAOISEACH Enda Kenny has expressed his disappointment at certain lenders’ failures to pass on the recent ECB rate cut of 0.25% to their customers. Bank of Ireland, whom the State owns 15% of, and Ulster Bank are the most high profile of the institutions not…

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