Sterling and Euro Weakening

Sterling is falling today (Thursday 10.30 am  ) after figures for the UK’s goods trade deficit reached  a record high in July. Britain’s total trade deficit, which includes services, also increased sharply to its highest level in nearly five years. The pound fell 0.5 per cent to $1.5399 against the dollar and was 0.4 per […]
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Irish Mortgage Rates Compared to the UK

WIth the recent AIB and PTSB mortgage rate rises causing the usual  media uproar – it is worth looking at  UK  mortgage rates to see how they compare to those available in Ireland. With the UK base rate at just 0.5% and the ECB rate at 1% – you might expect lower interest rates in […]
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Financial Ombudsman Complaints in the UK

The financial ombudsman in the UK has published some detailed figures about complaints made against financial institutions – and the outcome of those complaints. For the first time they have also published the names of the institutions involved – something the Irish Financial Ombudsman does not yet do . Here are some figures from the […]
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Halifax may be pulling out of Ireland

It looked like something was going on at Halifax Ireland when they recently raised mortgage rates for Irish customers whilst ECB rate were falling . It was widely reported last week that  Antoinette Dunne – the head of retail banking for Halifax Ireland had resigned. Now there have been reports in the Sunday Tribune that […]
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Halifax Increase Mortgage Rates

Whilst all other lenders are dropping mortgage rates (well those under the Irish Government Guarantee) – one lender in Ireland has just put rates up. Even though we have just had another ECB rate drop to 1% – Halifax has increased rates on all it’s variable and fixed rate mortgages for new borrowers by around […]
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