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Budget 2021: Government to guarantee five per cent mortgages on homes up to £600,000
Buyers will soon be able to put just 5% towards a £600,000 house thanks to a new government scheme.
The government will introduce a new scheme that will allow individuals to put down just a five per cent deposit on homes valued up to £600,000.
From April, the government will introduce a the scheme that will provide a guarantee to lenders across the UK that offer mortgages to people with a deposit of five per cent on homes with a value of up to £600,000.
When the Chancellor announced the policy, he said he wanted to “turn Generation Rent into Generation Buy”.
Out of Time
Brendan Ogle Of Unite submitted the following article to the
Irish Times on 15 December 2020
Unite House
15
th December 2020
On 14 December 2020 Jerry Buttimer stood up in the Seanad and said that in terms of personal finances, Ireland was becoming a more equal place. ‘
The reality is that income growth and inequality is falling in our country at this time’ he said, ‘
and as Mr. Pat Leahy wrote recently in The Irish Times, people are getting richer and we are becoming more equal.’
Those seeking to help families and individuals suffering from shocking deprivation here this Christmas will be shocked at this news. And so they should be. Because it is false. It is not acceptable for Journalists to present as ‘facts’ things that are not facts and present them as seasonal gifts to ideologically driven Politicians practised in the policies of division, isolation, poverty and deprivation.
New Legislation Could Pave The Way For Hundreds Of New Jobs In The City Over The Next Five Years That s according to the Chair of Cork Chamber s Financial Services Forum and the Ireland Head of the Asset Management Exchange, Eoin Motherway.
Eoin says the Investment Limited Partnerships Bill 2020 passed in the Dáil last night is the culmination of 6 years of work and will allow new global private fund market entrants to set up in Ireland.
The funds industry already employs around 1,350 people and over 2,000 staff in the broader financial services sector in the City
Industry body Irish Funds says firms will now be able to expand their private equity, infrastructure, renewables and real estate offerings.