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Kenny plans scheme to bypass Central Bank’s stricter home-loan rules FIRST-time home buyers will be able to get on the property ladder with a 10pc deposit, despite Central Bank plans to limit the size of individual mortgages, the Irish Independent can reveal. The Taoiseach has made a public intervention in

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A survey by property website Daft shows the sellers’ market in Dublin continues, with asking prices in the third quarter of the year coming in at a quarter higher than the same period last year. A similar picture has been painted by official and unofficial data in recent weeks. Growth

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I have given €20,000 to each of my children as part of their inheritance. Do they or I have to notify the Revenue or will they be asked when I pass on? I know the limit is €225,000 for each child. Ms IM, Roscommon The simple answer is no, neither

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Banks appear to be lending again according to new figures from the Irish Banking Federation, which show a near 50% increase in mortgages in the three months to July. There was a 46% increase in the number of mortgages approved in the second quarter and a 54% increase in the

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Property tycoon Noel Smyth, the developer behind the Square in Tallaght has called for private equity and buyout funds that acquire development acres to be strictly regulated to prevent them from hoarding land. Smyth has presented detailed proposals to Environment Minister Alan Kelly in which proposes an innovative solution to

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KBC Bank’s move to reduce its variable rate for these customers is in contrast to recent rises imposed by other lenders. KBC says it will save new buyers and mortgage switchers €322 a year over the life of the mortgage. Finance experts said the development will ramp up pressure on

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Mortgage arrears and how to handle them is something that many people have had to consider in recent times. Services have been created to help people who are in arrears and lenders are under increasing pressure to support people as they try to restructure their mortgage accounts. Split mortgages are

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A management-supported private equity takeover of Ulster Bank is being considered by Royal Bank of Scotland. Price of €500m to €2.5bn, depending on assets included The broad outline of the deal would see a private equity firm, most likely either KKR or Apollo, take over Ulster Bank, with the current

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Put your pension on the long finger and you could have to retire on €28 a week. This is the kind of pension you could end up with if you wait until your 60s to open one. Although most of us don’t wait that long to start one, many of

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WITH THE CONTINUED growth of the company and an increase in staff numbers, Allianz Worldwide Care has rented additional office space at Park West Business Park off the M50 in Dublin. The international health insurer has leased an additional 2,050sq m (22,066 sq ft) next to two other blocks where

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