The Supreme Court, Full Recourse Loans And Legal Advice

In Whelan v. AIB (Unreported Supreme Court 30/1/14) the third plaintiff, his wife and children, contracted for a loan to purchase land in Waterford for €25 Million, which later had a value less than €5 million. The third plaintiff was a successful businessman. The loan agreement was on a full recourse basis to all plaintiffs [...]

By |2014-04-11T08:45:38+01:00April 11th, 2014|Courts, Legal Advice, Mortgage, NAMA, News, Selling|Comments Off on The Supreme Court, Full Recourse Loans And Legal Advice

House sales boom and prices rise as buyers move in

SEVEN years ago, Rob Taylor's three-bedroom West Bridgford home was worth £170,000. Following a large kitchen extension, its value shot up to between £210,000 and £220,000. And now that the property's valuation has climbed even higher, much to the surprise of Rob and his wife Sarah. He said: "We are looking to move to somewhere [...]

By |2014-04-04T13:00:49+01:00April 4th, 2014|House Purchase, House Sales, Mortgage, News, Property|Comments Off on House sales boom and prices rise as buyers move in

Loans for house purchase still falling

Loans to households and business continued to decline last month, according to new statistics from the Central Bank. Household loan repayments exceeded drawdowns by €856 million in January, as loans for house purchases continued its decline, falling by €416 million. This followed on from a net monthly decrease of €143 million in household loans in [...]

By |2014-03-04T08:43:09+00:00March 4th, 2014|House Purchase, House Sales, Mortgage, News|Comments Off on Loans for house purchase still falling

What is a Solicitor?

so·lic·i·tor/səˈlisitər/ Noun: A person who tries to obtain business orders, advertising, etc.; a canvasser. The chief law officer of a city, town, or government department. Sean O'Brien is the founder and partnet of a team of solicitors in Tallaght; but what exactly is a solicitor, what do they do and how can they help you? [...]

Mortgage Time Bomb

Reports in the newspapers today suggest that the AIB faces a mortgage time bomb by virtue of the fact that staff facing redundancy owe the bank a total of €2 billion in mortgage debt. Over the last few days, the Taoiseach has admitted that the government has failed to deal  with the question of distressed mortgages, [...]

By |2012-03-09T08:41:38+00:00March 9th, 2012|Mortgage, Property|0 Comments
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