A major new initiative has been agreed with the banks and the Central Bank to alleviate the debt burden of over-stretched borrowers. The new structure, which will operate on a pilot basis from next month, will include a write-down of debts. The Central Bank said the purpose of the initiative is to secure co-operation between [...]
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By The MyHome Newsdesk
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Tagged 23%, Independent Mortgage Advisers Federation, insolvency, Insolvency Service of Ireland, Irish Mortgage Brokers, Karl Deeter, Michael Dowling, Personal Insolvency Practitioners, PIPS, practitioners, rate, Revenue Commissioners, VAT
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The Insolvency Service of Ireland has confirmed that a VAT rate of 23% will be applied to the fees paid to insolvency practitioners. The service, which will regulate the work of Personal Insolvency Practitioners (PIPS), was established in March. The Independent Mortgage Advisers Federation has criticised the application of VAT, saying it will make [...]
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By Owen Chubb Garden Landscapes Limited
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Tagged concrete block, driveway, Dublin, Dublin 18, garden, garden design, Landscaping, Landscaping garden design, lawn, lighting, Owen Chubb, Owen Chubb Garden Landscapes, Sandyford
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An update to report on progress from our current Garden Design and Garden Landscaping project in Sandyford, Dublin 18 to landscape a new driveway and garden area on a large and elevated site. To date, all preliminary works have now been completed, site excavations for the new driveway layout, groundworks involving re-grading of the raised [...]
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Local authorities are preparing to hand over a database to the Revenue Commissioners that will help identify almost 400,000 households who have yet to pay the household charge. New figures show almost 1.2 million – or 73 per cent – out of an estimated 1.6 million liable households have paid. Householders who have not paid have less [...]
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By The MyHome Newsdesk
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Tagged Alan Shatter, debt, Debt Relief Notice, Debt Settlement Arrangement, government, Insolvency Service, Minister Alan Shatter, Minister for Justice, personal insolvency, Personal Insolvency Arrangement, Personal Insolvency Service, unsecured, unsustainable
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The Government has launched their new personal insolvency service, which will see new arrangements for overburdened borrowers to reach agreement with their creditors. Applications for the new service will commence by the end of June. The new personal insolvency guidelines say people who enter arrangements should not expect to live in luxury or at a [...]
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A total of 64,294 calls were made to the helpline set up to answer queries on the upcoming property tax between March 7th and April 4th. Information released by the Revenue Commissioners also shows that the greatest number of calls received in one day was 9,612, on Thursday April 4th, but that it was an [...]
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Minister of State Brian Hayes has said people facing unsustainable mortgages will have to realise that the situation will have to be confronted.Mr Hayes said the new Code of Conduct for Mortgage Arrears would have to ensure fairness from banks in dealing with people in difficult mortgage situations. The Central Bank is currently reviewing [...]
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By The MyHome Newsdesk
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Tagged ACC, AIB, arrears, Bank of Ireland, borrowers, Central Bank, crisis, David Duffy, debt, Financial Regulator, government, KBC, Matthew Elderfield, Mortgage, mortgage arrears, Permanent TSB, Ulster Bank, volunteer
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The Government and the Central Bank have unveiled unprecedented measures to tackle the mortgage arrears crisis. The steps put greater emphasis on writing down debt, while acknowledging some borrowers will have to volunteer to surrender possession of properties. Banks will be forced to reach sustainable solutions with 20% of borrowers in arrears by the end of [...]
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By The MyHome Newsdesk
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Tagged Angela Keegan, homeowner, Local Property Tax, Minister for Communications, MyHome, MyHome.ie, Pat Rabbitte, property, property tax, Revenue Commissioners, Valuation
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Minister for Communications Pat Rabbitte has said the new Local Property Tax is about as fair as you can get. Letters are being sent to up to homeowners from today by the Revenue Commissioners detailing how the tax should be paid. The letters will contain a valuation on the property which can be disputed by [...]
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By The MyHome Newsdesk
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Tagged administration, Consumers Association, homeowners, letters, Michael Kilcoyne, Monday, property tax, revenue, Revenue Commissioners, Revenue Online Service, ROS, The Irish Independent
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Letters with details of the property tax will be sent to homeowners from next week but those who use the Revenue Commissioners’ Online Service (ROS) won’t be sent one. Instead they will have to check their email for notification to visit their online revenue account. However, according to The Irish Independent consumer groups have warned [...]
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Revenue has developed an interactive online property tax valuation guide, available here . The gu...
The SCS, the largest construction and property industry body in the country, publishes the guide ...
