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But as Protocol answered, are all Irish mortgages not associated with the fixed rate tender rate?

Thanks for the reply. I asked the central bank the same question and they wouldnt answer, telling me to check with my bank. Funny that.

Hi, On the Central Bank website, when one looks for the current ECB rate, there are 3 rates listed, namely- deposit facility, fixed rate tender and marginal lending. Which of these 3 rates is typically associated with mortgages supplied by Irish banks? Thanks in advance, T

Hi. My oil boiler is very old and will need replacing soon. I would like to get rid of oil altogether. The house is old and not fit for a heat pump. So I was looking at electric rads or the Aeno electric heater or similar. How do I calculate the likely cost of running electric rads or electric...

Thanks Conan for the explanation. All this has caused me to ask another question. Assume that a couple, both on public service pensions, have a combined pension which is at the limit of the 20% tax rate (I believe this is approx. 73K). Then if one of them had an AVC, and draws that down...

Thanks Conan. My plan is to contribut 20K per year for 10 years to an AVC. That, combined with another AVC would bring the total AVC to at least 300K. Would you consider 10 years a suitable length of time to stick with the AVC approach of saving ? Thans again in advance for any help. Regards, T

Thanks Early Riser and Conan for the detailed replies. So the situation is this: I have an interest only mortgage, due around the time I retire. I need to have saved €300,000 by then to pay off the capital on the mortgage. I will have around €150,000 as a lump sum. I have an AVC, and...

Hi Conan. Thanks for the reply. So, someone on €100,000 could draw down a lump sum of €150,000. However, if they have an AVC worth €100,000, then surely they could also, as the same time, decide to draw down the full AVC in one go, and pay tax on it. Would this be allowed, and if so, what...

Hi all, My understanding is that the lump sum received is tax-free up to €200,000. My question is: If someone is on €100,000 per annum then their lump sum will be €150,000. They have an AVC which will be worth about €100,000 upon retirement. Can they use €50,000 of this AVC to bring their tax...

Hi, My wife will be inheriting a small house from her parents, and we will rent out the house. In that case, the income will be in my wife's name, which is fine and the best situation with regard to paying tax (as I am the main earner). If her parents leave the house to both of us in the...

Thanks a million for all that Starrynights. One last question, my 19 year old son is a third level student, do any policies give discounts for that?

Thanks Starrynights for your reply. Would you have any advice on a better policy for our son - 19, no medical issues, is also on Inspire, cost €610. Is there a cheaper alternative for him?

Hi, We (married couple, mid 50's, no medical issues) are about to renew our LAYA Inspire plan, cost is €1220 each per year. Would anyone have any advice on a similar product with any supplier but a bit cheaper? There is a shortfall of €500 per night in Blackrock and Mater clinics for...

Hi, We have a holiday home in the West of Ireland, slow to rent on Air BnB or HomeAway this year. Does anyone have another good website one could use to rent out a holiday home? Thanks in advance T

Hi, I have a property, I want to rent out for 3 months, but have it for most of the summer myself. Apart from Airbnb, if I advertised it locally, can one let if for only say 3 months, or do the tenants then have a right to stay there for a while longer. ? And do I need to register with PRTB...

Flex explore 500, has a Euro 500 excess , which means it is quite reasonable.

My policy renewed on January 1st, there is a 14 days cooling off period. Laya said that was up to Jan 14th, but I thought it would be Jan 15th? What do you think? Thanks in advance, T

Hi, Many plans have funding for "non-emergency" dental. Does this cover the fitting of a brace for a child? A brace can cost up to €4000, so it would be great if some of this was covered by some plans. Thanks in advance T

You could also look at Laya's Flex 500 Explore policy (€838 each per adult) - it has a 500 Euro excess, which brings the price down, and covers private hospitals in Galway, so might be worth considering if you live in Connacht. For the kids - the Laya Essential Family Connect policy (total of...

Myself and my wife are on the Flex 500 Explore policy (€838 each), and the 3 kids are on the Laya Essential Family Connect policy (total of €250 for the 3). I picked the Flex 500 Explore as it has a large excess and is thus much cheaper than other equivalent Laya policies. I don't mind taking...