Affordable Mortgages – Rebuilding Ireland

A  government-backed mortgage scheme – the “Rebuilding Ireland Home Loan”  (RIHL)  started on February 1st 2018. Some people are calling it the “affordable mortgages scheme” This RIHL will provide mortgages at reduced interest rates to first-time buyers who have been refused a mortgage or were offered “insufficient” finance, by at least two lenders.  (not credit […]
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How to Check Your Credit Rating in Ireland

A new credit register was set up in Ireland in 2017 – called the Central Credit Register. (CCR) It is supposed to help stop loans being given to people who then can’t (or won’t) repay them. If someone misses repayments on a loan, didn’t clear a loan or credit card, or settled a loan for […]
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Getting a Mortgage in Ireland – How Much Can You Borrow ?

The first questions most people usually ask about getting a mortgage are … How Much Can I Borrow ? How much of a deposit do I need for a mortgage? Mortgage lending criteria in 2019 are less strict for first-time buyers than they were in 2016. This – combined with the  Help to Buy scheme […]
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Low Interest Loans for People on Social Welfare or Pensions

A government-backed scheme using Credit Unions to provide low-cost loans was rolled out nationwide in 2018 . These small loans with low-interest rates are known as Micro Credit. The loans are called It Makes Sense loans – and aim to provide small, low-interest loans for people on Social Welfare or State Pensions aged 18 or […]
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