Sign in. It’s quick, free and it’s up to you.
An account is an optional way to support the work we do. Find out more.
LAST UPDATE | 20 May
NINETEEN COUNTIES HAVE are under a Status Yellow thunderstorm warning, as spot flooding and lightning have been reported locally.
Met Éireann has warned of the possible impacts from the scattered thunderstorms, including a risk of flooding in local areas.
Spot flooding has occurred in Carrick-on-Suir in County Tipperary, while lightning strikes have occurred over Carlow town and in other locations in Leinster and the Midlands.
The alert kicked in at 11am and will remain in place until 8pm this evening.
The nineteen counties under the warning include: Carlow, Kildare, Kilkenny, Laois, Longford, Louth, Meath, Offaly, Westmeath, Wexford, Wicklow, Cavan, Monaghan, Clare, Limerick, Tipperary, Waterford, Galway, Roscommon.
Some of these showers will be heavy with thunderstorms.
Light rain or drizzle will develop in the southwest this afternoon, with highest temperatures of 15 to 20 degrees.
Early tonight, heavy showers will continue in places, with patchy rain and drizzle over the southern half of the country.
It will become largely dry by morning with clear spells developing, though mist and fog will develop in places.
Tomorrow morning, mist and fog will clear along with any lingering patchy rain in the southeast, leaving a dry and sunny day with just the chance of a few showers in the south.
There’ll be highest temperatures tomorrow of 17 to 22 degrees but cooler near northern coasts.
To embed this post, copy the code below on your site
Perhaps this article should have been updated to reflect the new Central Bank rules, no?
Seems a bit of a miss alright!
Headline is incorrect. Should read – applying for a mortgage from a bank that hasn’t got a clue?
Hi Sinead,
We have a whole separate article done on what deposits are now required and there is a link included in this article in the first question. Here is the link anyway to the new mortgage rules: http://businessetc.thejournal.ie/mortgage-regulations-1906185-Jan2015/
And here is another link on what €220,000 will get you as a first-home buyer across the country: http://www.thejournal.ie/first-home-mortgage-rules-ireland-1906790-Jan2015/
Hope this helps and thanks for reading.
I really don’t understand the focus on first time buyers in the mortgage market to the exclusion of all others. Sure new people need to buy houses. But buying a house when you already have one, releasing equity for deposit, being in a chain, negative equity, affordability, trading down, etc are all far more complicated for those with houses.
We talk of a property ladder but rarely get advice or political incentives beyond getting on the first rung!
Brokers don’t always go for the best deal for the client- some will favour the bank the get the best commission from which may not always be the best or cheapest deal for the client
Steer clear of Pmtsb with them over 30
Years direct debit was returned last week for 16 cent then they charged me €10.69 for in sufficient funds and transaction I asked for a 10 euro over draft no was the ans dish it out to ter friends tgh no prob is that sad
I think every bank is same. Unpaid DD fee is always about 10 eur – even when you were to pay 5 cents DD. Just make list of your DD in a month and make sure you have enough funds on the day (or if you always come very close, but then are able to pay it up, then apply for overdraft – watch out though – there are some fees for it too…).
Plenty bankers on here this morn
Mortgage Brokers are always your best option. They deal with the bank on your behalf and help prepare the application from the outset. Log on to brm.ie to see how it works.
You manage with bit of cheeky advertising there, hence red thumbs, but I agree – unless you are very good with financial matters then brokers are way to go, there will be some fee probably in the end, but it may still be very worth it, they know the business inside out so will save you some bad decision making and lot of time.
SOme lenders don’t deal with brokers – so you might get a better deal doing the legwork yourself.
Banks do not want to speak with self employed dudes. Just for the laugh, I did an online application stating I had 90% deposit of a 400k home (looking to borrow just 40k)…And not a single phone call back!!
The article doesn’t tell me the steps on getting a mortgage at all. Were do i start!
8% deposit for a €400,000 house. That’s madness if you couldn’t afford it. I suppose you were given a credit card to splash out on after the stress of buying the house as well.
PP online again! argghh!
have your say