Royal London Special Offer Discount

Royal London, formerly Caledonian, have extended their special offer discount until 31st March 2015. They are now offering 5% off Term Assurance and a MASSIVE 10% off Mortgage Protection.

Get in touch with us and see what you could save.

For more information about this special offer email:

Thrifty Tuesday #3

Windscreen cracks.

There are any number of reasons why we get windscreen cracks and why they spread- gravel, hail, structural weakeness and extreme cold can all attribute to a tiny nick spreading across the entire width of your screen.

A quick thrifty tip for windscreen cracks –  apply clear nail polish to the area as soon as you notice any tiny little nick in the screen. This will stop the crack spreading temporarily, giving you a little bit of time to book it into a garage.



KBC fight back against new mortgage rules

In an attempt to attract mortgage holders KBC Bank Ireland have announced they are reducing fixed mortgage rates. They are also offering an extra discount to new current account holders.

Customers opting into a five-year fixed mortgage will get a rate of 4.5pc, compared to an existing rate of 5.4pc, while those opting for a two-year fixed rate will get a rate of 4.4pc, compared to the existing 4.65pc. Those already on fixed mortgages will see no change.

A further discount of 0.2 percentage points is available for the life of the mortgage to those who get their salary paid into a KBC current account and pay the mortgage by direct debit. This applies to those on both fixed and variable mortgages.

Reactions to the move have been positive all round. KBC Ireland head of retail banking Dara Deering said: “We are committed to rewarding customers who do more of their banking through KBC.

“We have had a strong customer reaction to our 0.2pc current account mortgage discount offer so far, with over 90pc of those switching their mortgage to KBC also opening a KBC current account.”

New Mortgage Lending Rules

New mortgage lending rules came into effect on 11th February 2015. The Central Bank recognises the fundamental objectives of the new mesures as a way to ‘increase the resilience of the banking and household sectors to the property market and to reduce the risk of bank credit and house price spirals from developing in the future.’ (FAQ, Central Bank Of Ireland. 2015)

The two main conditions being highly publicised in the media relate to LTV and LTI limits.

LTV (Loan to Value) restrictions for FTB’S are as follows:

  •  90% LTV for on the first €220,000 of the value on the residential property, then then 80% LTV limit will be applied to the remaining value. The €220,000 cap was decided by taking into consideration the level and distribution of house prices across the country.

LTV restrictions for non-first time buyers are as follows:

  • 80% LTV lending applies to new mortgage lending.

LTI (Loan to Income) restrictions are going to have a huge impact on borrowings for both FTB’s and non-FTB’s. A cap of 3.5 times annual gross income has been applied to all new mortgage lending. With the exception of buy-to-let lending. This measure will greatly reduce borrowing capacities across the board.

Those unaffected by the new measures:

  • If you have secured AIP prior to the regulations being imposed , you will not be affected by them for the duration of your mortgage approval.
  • If you are refinancing or switching mortgage, LTV and LTI limits are not imposed.
  • If you are in negative equity, LTV limits are not imposed. However, LTI restrictions are enforced.
  • If you are buying-to-let LTV limits will apply, LTI restrictions will not apply.

If you have any queries about these new measures go to out Contact page and get in touch for a chat.





Thrifty Tuesday #2

Our thrifty saving tip this week saves you time and money in honour of Pancake Tuesday.

Pancake Freezing.

While they are inexpensive to make, they can be wasteful . Our eyes are usually bigger than our bellies and we end up throwing away more batter than we use.

So why not plan ahead, fry your lefterover batter and place pancakes on a baking tray in the freezer.Once frozen transfer to a freezer bag and simply heat them back up during the week or whenever you want a sweet treat.

There’s no need to ever waste pancake batter again.



Thrifty Tuesday

When planning a mortgage all financial advisors will stress the importance of regular savings. We have decided to go a step beyond that and show you how to make little savings in your everyday life! As the old phrase goes ‘take care of the pennies and the pounds take care of themselves’ .

This is the  inspiration behind our Thrifty Tuesday post. Clever little ideas with a funny twist to help brighten that midweek lull.

This week’s Thrifty Tuesday idea comes courtesy of Ikea Hackers. Whether you love it or loathe it , you can’t escape Ikea since it arrived on our shores. Its products are recognisable in many of our homes….but would you like to wear it as a penny saving fashion statement? Check out the Ikea Bag below. IMG_4299-734157