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Brendan, Not sure what arrangements are in place for the small loans over the past 6 months. You are possibly right that the ICB already reflects those arrears. Thank you for your comments.

Hi Brendan, Apologies for any confusion. No arrears on mortgage, and no arrears on CU loan. However, the CU refuse to reschedule or restructure payments to a level she can pay while in Australia, so eventually the a/c will go into arrears and lead to some follow up action being taken. Approx 6...

Hi, My neice and husband plus two kids are emigrating to Australia soon. Their house is in positive equity, and is being put up for sale. No difficulty selling, and a sale, for a decent price, should be completed within 6/8 months. There will be sufficient monies to redeem the mortgage and pay...

Agreed, purchasers are able to hire agents to assist in the process, but maybe it is necessary to legislate that EA's cannot represent both seller and buyer in any deal. As for the additional costs to the buyer, I suggest buyers would be happy to pay a fee to be better represented in any price...

Interesting thread and one that sheds light on a process (buying and selling property) that is not well regulated and not well policed in Ireland. Is there not a strong case for EA's to only represent a single client in any transaction. 1 EA represents the seller and other EA's represent each...

Any advice, opinion, or suggestion on this topic would be welcome. Thanks.

It must be clear to everyone, that Estate Agents/Auctioneers/Sellers are the real villains in this mess we call a property market. These people inflate every house price, always pushing higher. They jack up rents to levels that cannot be justified. The guiding force is always to increase their...

Some updates on my situation. I have been working towards getting an informal arrangement with the bank. Unfortunately, I cannot afford the restructure offered, as the interest rate being applied is too high and the term too short. There is now no further movement from the bank, so at this...

TLO, Knowledge is vital. The more advice and information you can get, the clearer the problem and the resolution becomes. The more confident you can feel about your situation, the easier it is to find the right solution. Many thanks to all for your posts.

demoivre, thank you for your post, it was informative and positive. Bronte, my circumstances are quite unique and I am fearful it may be possible to identify my case if I commit too much detail to paper. I believe there is sufficient information in the original post to get informed, and helpful...

Brendan, I am reluctant to post more information, other than to say household income is secure going forward at €4000 pm net. No Credit Union, no cards, no loans other that the mortgage. Health issues are costing extra but are not a threat to income. Would like to keep house but it is never...

KBC Mortgage of €312k, inc Arrears approx €90k, House valued approx €160k. No other debts, and financial situation is now stable. We are back paying €1600 per month for last 8 months, full payment is approx €2600 pm. The payment amount is equal to 45% of net income, and is absolute max...