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Hi Brendan, I have a mortgage with BOI since 2012 and am on a SVR of 4.550%. Unfortunately I cannot switch because since we took out the mortgage, I have had a second child and am currently on a career break, so our financial position is not what it was originally. I rang BOI a few weeks ago...

Thanks Elcato!

Thanks for that. Yes I meant a rental loss as in rental income less deductions = negative figure. Then this means no tax applies?

Hi - just a quick question in relation to this. Am I correct in saying that you do not have to pay PRSI on your taxable rental income if you are a PAYE worker? Also, if I'm making a loss on my rental property - do I still have to pay income tax and the USC on the rental loss?

Thanks Leon - good to know. Fingers crossed all goes well.

We got mortgage approval from Bank of Ireland back in April and put our booking deposit down on the house we want to buy at the end of May. That was five weeks ago and nothing has moved on. Bank of Ireland have asked for more recent bank statements and payslips as the original ones we submitted...

Hi Tim, I feel your pain. We got approved for our mortgage over two months ago (for less than we originally wanted) and put down our booking deposit five weeks ago on the house we wanted to buy. Now the bank has come back and wants to see all our bank statements and payslips for the last...

I keep hearing about this but just because your name is on an ESB bill, how does that mean that you are the owner of a property? My sister rents and apartment and her name is on the electricity bill but she is not the owner. Don't understand how they will use this information....can anyone...

Mandelbrot, If I buy a new property this year which will be my PPR - do I qualify for a new rate of TRS credits as announced in the last budget?

Bronte, I'm well aware that mortgage approval is only that - approval - and many things may change between now and when I actually request the finance to purchase a new property. However, as I have already stated, I am not moving immediately and am in the process of doing as much research as I...

Thanks serotoninsid

Hi, thanks for the replies. Just another question - I've seen people mention that if you rent your property you have to inform the bank so that they can change the insurance to an investment property (am I right in saying this?). As I said, my building insurance is included in my management...

Hi everyone, My family is expanding so I'm hoping to buy a house this year and plan to rent out my duplex apartment to Dublin City Council for 5/10 years in the meantime. I bought my apartment in 2006 so would've been going into year 7 with regards to the TRS credits and they would've...