By The MyHome Newsdesk
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Posted in General, Home, Mortgages & Money, Property News
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Also tagged debt, Eamon Gilmore, Enda Kenny, Fine Gael, government, guidelines, Labour, Mortgage, personal insolvency, personal insolvency guidelines, property market, Tánaiste
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Taoiseach Enda Kenny has said the Government aim to bring in a system that is fair and equitable for people who are in mortgage and debt distress. Responding to criticisms of draft personal insolvency guidelines, Enda Kenny told reporters in Dublin the guidelines were only indicative and would not apply in all circumstances. He [...]
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By The MyHome Newsdesk
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Posted in General, Home, Mortgages & Money, Property News
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Also tagged arrears, Croke Park Agreement, Enda Kenny, Fianna Fáil, gardaí, government, Micheal Martin, mortgages, Personal Insolvency Bill
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The Taoiseach has told the Dáil that the Government plans to introduce new structures within the next week to deal with people who are under pressure with their mortgages. Enda Kenny was responding to questions from the Fianna Fáil leader Micheál Martin, who said rank-and-file gardaí were struggling to pay their mortgages because of pay-cuts [...]
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By The MyHome Newsdesk
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Posted in General, Home, Mortgages & Money, Property News
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Also tagged bank, bank accounts, Enda Kenny, Josephine Feehily, Oireachtas Committee, payments, property tax, Revenue Commissioners, salaries, salary, social welfare, tax
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Taoiseach Enda Kenny has said plans by the Revenue Commissioners to take the property tax from people’s bank accounts, salaries or social welfare payments would only be a last resort. Revenue Commissioner Josephine Feehily confirmed to an Oireachtas Committee the range of powers that can be used to ensure compliance with the tax. Ms Feehily [...]
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By The MyHome Newsdesk
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Posted in General, Home, Mortgages & Money, Property News
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Also tagged arrears, banks, Central Bank, crisis, customers, debt, emergency, Fianna Fáil, government, household, interest only, Keane Report, Leaders Questions, Micheal Martin, Mortgage, mortgage-to-rent
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Fianna Fáil Leader Micheál Martin has described the deepening mortgage crisis as a ‘national emergency which demands a significant response’. Questioning the Taoiseach during Leaders Questions yesterday, Deputy Martin said the mortgage crisis is deepening every single week and the Government is failing to tackle it. “Household debt and financial distress is at an unprecedented [...]
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The Taoiseach has confirmed the Government will allow for some hard-pressed householders not to pay the property tax. Those who bought homes that are affected by pyrite, properties owned by charities and those who are permanently incapacitated will not have to pay the tax when it is introduced in July The Coalition is also allowing [...]
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By The MyHome Newsdesk
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Posted in General, Home, Mortgages & Money, Property News
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Also tagged compliance, Dáil, data, District Court, Donegal County Council, Dun Laoghaire-Rathdown County Council, Eamon O Cuiv, figures, government, household charge, liable, Mayo, Mayo County Council, Minister for the Environment, Patrick O’Donovan, phil hogan, properties, revenue
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The Government has yet to collect the controversial €100 household charge from over 470,000 homes across the country, new figures have revealed. The failure or refusal by property owners to pay the tax represents a loss of over €47 million in tax revenues. An estimated 472,638 properties are still liable to pay the €100. In the up-to-date data, provided in response [...]
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More than a third of revenue brought in from the new property tax will be shared out around the country. The news comes after Taoiseach Enda Kenny revealed at the weekend that just 65% of revenue brought in from the new tax will be ring-fenced for the area in which it is collected. Despite claims [...]
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By The MyHome Newsdesk
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Posted in General, Home, Mortgages & Money, Property News
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Also tagged commercial premises, Enda Kenny, Fianna Fáil, government, implementation, Local Authorities, Micheal Martin, mortgages, property tax, properyt market, proposals, tax
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Fianna Fáil has hit back at the government’s new property tax proposals, branding them “unfair”. The opposition party has accused the government of ignoring “a fundamental canon of taxation law” in its proposals for the property tax. Fianna Fáil leader Micheál Martin said “ability to pay” was an essential element for the implementation of property [...]
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By The MyHome Newsdesk
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Posted in General, Home, Mortgages & Money, Property News
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Also tagged arrears, crisis, Dáil, distressed, Enda Kenny, Financial Regulator, Joe Higgins, lender, Matthew Elderfield, Mortgage, mortgage arrears, Socialist Party
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Taoiseach Enda Kenny has said putting distressed mortgage holders on “interest only” mortgages will not solve the mortage arrears crisis. Mr Kenny told the Dáil yesterday that the only solution to the crisis was for each lender to work through cases on an individual basis. He said that efforts to tackle the problem were beginning [...]
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By The MyHome Newsdesk
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Posted in General, Home, Mortgages & Money, Property News
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Also tagged arrears, banks, borrower, Central Bank, debt, debt forgiveness, distress, distressed, Enda Kenny, Fiona Muldoon, mortgage holders, personal, write-down
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The Taoiseach Enda Kenny has told banks to “get up and do it now” and engage with mortgage holders in distress. It comes after the Central Bank’s Fiona Muldoon, claimed financial institutions were behaving like teenagers in dealing with the arrears crisis. Mr Kenny has told the Dáil that if banks don’t engage on a [...]
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House prices were 3 times average income in 1995 before the property price boom started, they ros...
I own 2 properties. On the information leaflet I was informed that I could pay by cash. I have no...
