British house prices are rising at their fastest rate in over seven years as announced by a recent survey. This made great reading for many house owners who currently find themselves in negative equity, as the value of their home is worth less than the mortgage secured against it. The Bank of England suggested that interest rates would remain low for up to another 3 years and with new government incentives on lower cost mortgages this could sustain the upward trend for some time. The question is however, what is happening in Ireland as prices still remain stagnant? Is it time to buy before house prices rise once more?
If you are a homeowner, one thing is for sure, you need quality home insurance that meets your needs. At Paddy Compare you can compare cheap home insurance in Ireland free of charge. Paddy Compare provides a quick and effective comparison service that could save you time and money. Forget contacting every home insurance broker across Ireland, instead simply complete our one page online home insurance quote form and Paddy will compare the home insurance market for you. So click now and compare home insurance quotes today.
Shipments of tablet computers fell in the second quarter as there was no word of a new tablet release from Apple. Apple normally release an iPad in the spring but they decided to change tactics and update existing products ahead of the Christmas rush. Other tablet releases from rival firms didn’t have the same effect on the market. However, Amazon is set to update the Kindle Fire range and Google is expected to produce a new larger Nexus model. Despite Apple not introducing a new tablet, they remain market leaders in the tablet industry. Apple’s market share fell considerably to 32%, with Samsung the next best on 18%.
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Many Irish residents have reduced their household spending due to the economic downturn. A recent study from the Central Statistics Office showed that over 80% have made cuts. Some cut back on discretionary spend on transport and going out to pubs and restaurants, others reduced their grocery spend or purchased cheaper clothing and footwear. Despite the cuts, many still admitted to not being able to fund their ongoing bills and many were not able to make mortgage repayments at least once in the last 12 months. To make matters worse, the introduction of the new Land and Conveyancing Law Reform Act now allows banks to repossess homes and investment properties. It is estimated that the bank have now issued over 43,000 letters threatening repossession.
This is indeed worrying times for homeowners. So why not use Paddy Compare to compare home insurance in Ireland and try and save yourself some needed cash. Simply enter your details into our online home insurance comparison form and Paddy will quickly compare home insurance prices across Ireland. It’s totally independent, free and easy to use and could save you money that could be used to meet your mortgage repayments. Get home insurance quotes now at Paddy Compare.
With water charges set to arrive across Ireland in January 2015, this week marks the first water meter installs in Kildare. The water meters will take approximately 2 hours to install and information will be sent to all homeowners in coming weeks. Irish Water plan to open eight regional offices throughout Ireland, creating 220 new jobs in water service support roles. The Minister for the Environment Mr Phil Hogan has backed the plans in his efforts to create world class water and waste water systems in Ireland. However, with the average bill costing €500, this has left many homeowners unhappy across the country.
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Encouraging signs for the Irish tourism industry as the first half of the year shows a rise of 5.4% in the number of trips made to Ireland compared to 2012. The Central Statistics Office said that more than 3.1 million trips have been made this year to date, the highest since 2009. The majority of visitors came from Britain but the stats also showed a healthy increase in visitor numbers from Asia and North and South America. Approximately 3 million Irish residents have made trips overseas during the first six months of the year.
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Swinton, one of the largest insurance companies in the UK has been fined €8.5 million by the Financial Conduct Authority (FCA) for mis-selling insurance policies. The FCA stated that Swinton had “prioritised profit” and in doing so failed to treat their customers fairly. The incidents arose from the company selling “add-ons” in the form of personal accident, home emergency and motor breakdown policies. The “add-ons” were not the problem, but the fact that the customer was not told that these policies were optional extras. Swinton has since contacted 650,000 customers and has set aside over €13 million for compensation.
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Ireland has seen a 30% rise in the amount of people moving to Australia in the last six years. Some leave for the permanent summer, others for work or adventure and some seek a better way of life. Irish emigrants are also attracted by the booming economy as over 40,000 Irish people journey to Australia for work every year. Many use the popular 457 temporary work visa and hope to find a job in the mines of Western Australia. Yes, there are many success stories, but many others struggle to secure work and run out of money before returning home.
The Embassy of Ireland to Australia and New Zealand strongly urge any potential travelers to thoroughly research their trip, plan ahead and seek detailed online advice. It is also important to have the right qualifications and travel insurance. Finding cheap travel insurance is easy with Paddy Compare. Simply enter the details of your trip and instantly compare travel insurance quotes from across Ireland. After-all Australia is ranked the world’s happiest nation. So why not see what all the fuss is about, book your trip and get travel insurance quotes at Paddy Compare today.
Good news for disabled homeowners as Minister Jan O’Sullivan recently announced an additional €10 million house funding for people with a disability. Minister O’Sullivan stresses the need for quality housing for disabled persons to ensure they continue to play a full and active role in the community. Local authorities have now submitted funding proposals and it is expected that this €10 million will produce between 80 and 90 new homes. This amount will form part of €100 million set aside to create 800 new homes from 2012-14 as part of the National Housing Strategy.
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Almost 3,000 cars have been sold over the first couple of days as the new “132” number plate was introduced in Ireland from the 1st July. The “13” meaning the year and the “2” meaning the second sales segment of the year. This total included 164 Nissan Qashqais, 149 Ford Focus models and 136 VW Golfs. These figures look promising for dealers, however many of these vehicles would have been pre-ordered weeks ago and more accurate stats on the current buying market will come to the fore in the next few weeks.
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Have you got the latest technology gadget built into your car? Well according to a recent study by the Foundation for Highway Safety, these gadgets actually cause a real road safety concern. So much so that the Government have now recommended that automakers voluntarily limit the use of technology in new cars. The automakers argue that these devices actually increase safety as they are “hands-free”. Some of the latest systems allow drivers to use voice commands to send texts, answer calls, send emails and even update their Facebook page. Would you agree that this would take your mind off the road?
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