Tag Archives: The Loan Arranger

Protection for unmarried couples

Unmarried couples face serious inheritance tax bills on the death of one of them, 50% of the value of the home, less 15k, charged at a tax rate of 33%. Contact your broker and ask about “life of another” policies. Problem solved. Continue reading

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It can all change in a moment

Today I spoke with my friend and client John (not his real name) in Wexford. John is 40, married and has 2 young daughters. I have known him 15 years during which time his career has had its ups and … Continue reading

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Property in Irish December 2011 Budget

Section 23 allowances bought by investors are not being abolished.
However high earners will have to pay a 5% surcharge on income relieved by property incentives. The government is now incentivising the purchase of investment property again, but it is likely that only the very wealthy will be able to do this, since mortgage credit for such projects is very scarce.
Tinkering with the property market has often had undesired results. Continue reading

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Last out switch off the lights

Goodbye Permanent TSB!  The €4 billion recapitalisation now required per today’s stress testing announcements means the nationalisation of Irish Life and Permanent. We will now be left with 2 banking groups, AIB and BOI, both owned by the State. This … Continue reading

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