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    Is property purchase an option?

    In brief, 40 year old full time private sector PAYE worker (gross pay €50k), will only have State Contrib Pension at retirement. Will be getting 100-130k from house sale in the coming months. Want to invest the full amount for future pension income. Risk averse and this is a one-time...
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    CGT when home owners split

    Hi Case: Non-married couple purchase a house and live there for four years. Split up and one makes a payment to the other, name removed from deeds and property is remortgaged by the single owner. Entire property is then rented out for a few years and now the owner wants to sell so CGT arises...
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    Young healthy people should take out only basic cover and upgrade if they get sick

    I think "equalisation as a concept sounds great" is putting it a bit mildly. It's the fundamental basis on which HI operates. Without it you're on a very quick slide towards collapse of the insurance market and a move towards self payment which very very few of the insured can afford. How much...
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    Young healthy people should take out only basic cover and upgrade if they get sick

    Doesn't this approach destroy the principle of intergenerational solidarity, increasing the cost for older people and eventually pricing people out of the market.
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    Key Post Laya allows you to cut the premium by designing your own policy!

    While the Laya decision tree is simple, you should know that it doesn't give you all of their policies or their cheapest policies for the cover you've selected. I would suggest maybe looking at Laya's other policies on the HIA website after you've used Laya's decision tree. You can very...
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    Affordable Housing - Clawback - under answered

    The calculation in Scenario 4 on the www.housing.ie website is currently incorrect.
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    Affordable Housing - Clawback - under answered

    This is how to calculate clawback: Resale price - actual price paid = profit or loss on the property. If there is a loss then there is no clawback. If there is a profit you multiply it by the % clawback to get the amount you owe the council. The amount outstanding on the mortgage does not...
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    Good cover for the Beacon

    Cheers Snowyb, fantastically helpfull as ever.
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    Good cover for the Beacon

    Hi I'm looking for a policy that has good cover for the Beacon Hospital ie: (1) no nightly shortfall (2) as low an excess as possible, (3) cancer cover if possible (4) good day to day cover (5) ideally I'd like a private room. The HIA website isn't particularly useful as the search includes...
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    Medical card (Nicorette)

    To be honest, the economics of subsidised smoking cesstion do add up. At the moment tobacco excise is bringing in a bit over €1bn and you can add on a few hundred million for VAT. The HSE estimates that it currently spends between €1-2bn in treating tobacco related diseases so the state isn't...
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    Reflective radiator foil

    Thanks folks, appreciate the tips.
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    Reflective radiator foil

    Does anyone know if the reflective foil sheets actually work? They seem a bit flimsy to me. Would appreciate any advice.
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    Apartment insulation

    Hi I bought a new apartment two years ago. I don't know the BER but apparently it's quite good. I presume the external walls of the apartment block are well insulated but as far as I can tell there isn't any insulation behind the plasterboard on the internal building walls. I'd rather not have...
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    Kitchen applicance repair?

    Just looking for someone that repairs mircowave ovens. Don't want to pay a Bosch guy to come out if I can drop it somewhere in town to get fixed. Just need the turntable motor replaced. thanks
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    Asked to make offer on apartment, advice appreciated

    Someone wise once posted that this is exactly what you shouldn't do. Make an offer that's so low you are totally embarrassed and ashamed of it. You should be mortified to even propose such a low bid. It's only an opener. See what they come back with. You've absolutely nothing to loose. Worst...
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    Quick question about cheapest APR rates

    Check out www.itsyourmoney.ie They have a comparison of interest rates from the different lenders. But to answer your question, no you can't do better elsewhere. Take it and run!
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    Should I fix?

    Yes banks are aware of them but your calculation ignores them. You cannot compare one thing which is actual (fixed rate) against another thing which is impossible (variable rate remains the same) and expect a reliable conclusion. In some circumstances such as insurance or life assurance, I...
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    Should I fix?

    Your calculation above is based on two very flawed assumptions: (i) the OP's variable rate could remain at 2.6% for the next 5 years. Clearly this is not going to happen. It is likely to increase to c. 3.1% in the next week or two and at least another .5 before the end of the year. (ii) the...
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    ulster bank won't send a loan statement

    I was in this position last year when applying for a mortgage. Again, was getting the run around from Tesco Finance / Ulster Bank. Refused to issue any letters or statements to me. I submitted a request under the Data Protection Acts for all the info they held on me on computer. They are...
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    BOI Credit Card terminated - requesting full payment / proposal

    Hi Check out www.mabs.ie They have standard letters that you can use to inform banks of your situation as well as budget sheets etc. I'd recommend dealing with them by letter only. I know of someone who entered into a repayment plan with a UK bank over the phone and they subsequently denied any...
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