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  1. J

    Interest only to Capital on rental property.

    They are late 50s. Ok area. Just outside the M50 but beside train station. The cap interest will be a drain but not criple them.. Sorry about lack of detail
  2. J

    Interest only to Capital on rental property.

    Family member has asked me for advice. I dont really know what to tell them. There doesnt seem to be any way out of this? They are in negative equity at the moment in a rental property they have. The dreaded letter came changing from Interest only to capital. Their bank have stopped all...
  3. J

    Belarmine Plaza

    You ask for advise on one of the biggest purchases of your life and the minute somebody says something which if you listened could save you thousands and you dismiss them? strange reaction. I would be very careful for paying over 300k for an appartment at the moment. very careful if I were you.
  4. J

    not allowed lodge crossed cheques into joint account ?

    I dont think this is a new thing as i have seen this six or seven years ago, maybe they should have been enforcing this all along.
  5. J

    Anybody else finding it hard to let their properties?

    That is way too much rent for somewhere that far out. I would expect to pay that nearer town but its too much for Swords.
  6. J

    Rent Allowance for single mother who is a student

    I think she will need to claim single parent allowance which you can do when studying and then she should be able to claim rent allowance.
  7. J

    Moving to other area of financial services.

    I have been working in funds for the past couple of years and have recently moved to a team leader position. I am finding some elements of the job very stressful and I think it is now time to change as I dont think I can cope much longer. My question is that if I move to another area such as...
  8. J

    Can you get from Heuston to Connolly station in 30 mins?

    I would say taxi to be safe esp. because of the distance of some of the platforms. You should make it.
  9. J

    Travel partner India 2008

    I have been before and would advise checking out the Lonely planet forum they have a whole section on India, can be very informative. Their world guide is quite good as well if you havent already read it - http://www.lonelyplanet.com/worldguide/destinations/asia/india Rough guides has...
  10. J

    How do banks make money from mortgages?

    The risk of your customer not being able to pay you back, currency risk,economic risk, risk of dependency on property.
  11. J

    How do banks make money from mortgages?

    yes I am in finance, with a related degree. I didnt mean to sound rude I dont know how else to explain it to you, I know it sounds dodgy but go back to the milk, tesco makes 5 cent on each one why would you do that? because you have a vast amount of customers who buy the milk/ borrow the...
  12. J

    How do banks make money from mortgages?

    yes they have to sell some of them on to reduce their risk.
  13. J

    How do banks make money from mortgages?

    Well if you disagree that's fine but that's how they make the money.
  14. J

    How do banks make money from mortgages?

    yes but if you have thousands of customers on all those 1 per cents you have a huge profit, they are not investors, they are a business.Tesco only make 5 p on a carton of milk so why would you do that?
  15. J

    How do banks make money from mortgages?

    The bigger you are the lower the intrest rate you will get, if you think of intrest rates as the price for buying money the bank makes money in exactly the same way tesco does for milk. They can buy it cheaper and sell it on to you on a mark up. That's their profit.
  16. J

    What is your Best Holiday Ever?

    North India, up in the mountains. That's a quite dear to get to but very cheap when you get there and probubly not for everyone but it was my favourite.
  17. J

    AllofMP3...no longer accepting Visa?

    It is something to do with Russia joining WTO and there is a difference between copyright law. I have used another one as well http://www.mp3search.ru/ . I have never had a credit card problem with them, they were recomended by a Russian I work with, so I was more comfortable with them then...
  18. J

    Why do infants finish at 2 o clock

    Of course they are processed, have a read of the ingredients. awful things, give your child a slice of cheddar.
  19. J

    Stuck in a benefit hole :-(

    You might have to. You can live in an appartment or a duplex with a child if you have greens or playgrounds near you. Plenty of children grow up in appartments, its only likely to be for a while if you start working you will have more money. You dont really have a choice if you are living with...
  20. J

    where to sell second hand books

    Chapters on Abbey street is quite good as well, they have second hand college books downstairs,
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