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Property

Ireland has highest mortgage interest rates in EU

Ireland has the highest mortgage interest rates in the euro zone, new figures from the Central Bank show. The average interest rate on new Irish mortgage agreements stood at 2.69% in December, compared to euro area average of 1.29%. [articlepreview ...

13 Feb 2022 at 13:33

City

Bellway shrugs off housing market concerns as demand remains strong

Housebuilder Bellway has brushed aside concerns that the cost of living crisis is set to dampen the roaring property market as it revealed higher than forecast prices and strong buyer demand. The Newcastle-based group saw completions hit a new ...

08 Feb 2022 at 12:18

Bank raises rates to 0.75% as it warns inflation could reach double figures

The Bank of England has raised interest rates again as it warned the Ukraine conflict could see under-pressure households hit with double-digit inflation later this year. Members of the Bank’s Monetary Policy Committee (MPC) voted eight to ...

17 Mar 2022 at 13:25

Expected July interest rate hike to hit Carlow mortgages and loans

Local News

Expected July interest rate hike to hit mortgages and loans

Interest rates could be raised by the European Central Bank (ECB) in the coming months, leading to higher mortgage repayments for thousands of home owners and borrowers in Carlow and across Ireland. European Central Bank president ...

11 May 2022 at 16:33

Scotland

Gradual decline in house prices forecast by surveyors

A gradual slowdown in the housing market in Scotland is likely as the cost-of-living crisis bites, a report has warned. House prices in Scotland continue to edge upwards but indicators are softening slightly, according to the ...

12 May 2022 at 01:55

One in four service companies passed on costs to customers in March

As many as four in 10 service companies said they put up prices in March as they faced heavily rising energy and staffing costs. A closely watched survey of businesses in the service sector, including restaurants and pubs, ...

05 Apr 2022 at 11:55

UK facing unprecedented hit to national income from inflation – Bank deputy

Bank of England deputy governor Ben Broadbent has warned Britain is likely to be facing the worst ever external hit to national income from inflation as the Ukraine war compounds the cost-of- living crisis. In a speech in ...

30 Mar 2022 at 13:25

Personal Finance

Halifax apologises after wrongly telling customers base rate had changed

Mortgage giant Halifax has apologised after sending emails in error to customers, wrongly telling them that the Bank of England base rate had changed. The emails, which said “the Bank of England base rate has changed ...

03 May 2022 at 16:25

Bank of England to hike interest rates to 13-year high to tackle cost crunch

Interest rates are expected to be hiked once again on Thursday to their highest level for 13 years as the Bank of England battles to cool rocketing inflation. The Bank’s policymakers are predicted to increase rates ...

04 May 2022 at 16:25

Bank of England set to hike interest rates to 13-year high amid cost crunch

01 May 2022 at 10:25

Home

Expected July interest rate hike to hit mortgages and loans

Interest rates could be raised by the European Central Bank (ECB) in the coming months, leading to higher mortgage repayments for thousands of home owners and borrowers. European Central Bank president ...

11 May 2022 at 20:33

Home

'Urgent action' needed to combat expected rise in mortgage rates

An increase of mortgage interest rates in the coming months will lead to higher monthly repayments for up to 450,000 homeowners in the country. There has been speculation that interest rates could ...

27 Apr 2022 at 22:33

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