After taking the leap and making the decision to buy a home the biggest conundrum First Time Buyers now have is the choice of taking a fixed or variable rate mortgage. It's not an easy choice. What we find, here at MortgageLine, is that most homebuyers..
Following on from their announcement to provide homebuyers with mortgages for Nama properties, Nama have now released a list of their properties that are in the hands of receivers and are now up for sale.
There has been allot of speculation in the last 12 months about how Nama would begin to offload its large property portfolio. In an article in today's Irish Independent the head of Nama, Frank Daly is quoted on his immediate plans to sell off some of Nama's residential property stock. In essence his plan is to offer hesitant home-buyers protection against negative equity.
Current legislation states that First Time Buyers will continue to get tax relief if they purchase a home before the end of 2012 but this looks likely to change.
The debt crisis in Europe has been heating up over the past few weeks, particularly as it has become evident that Greece is not on track to meet the conditions set by the IMF and EU and as a result can no longer receive its funding. The next tranche of funding is due around the end
