Entries by obg-finance-admin

New Mortgage Lender – Nua Money

A new lender has entered the Irish mortgage market! Nua Money, has secured a licence from the Central Bank is now providing an enhanced digital mortgage experience for consumers. Nua will focus on the owner-occupier market. Nua boast a state-of-the-art digital mortgage platform that enhances customer service, guarantees transparency, and boosts operational efficiency. They are […]

ECB cuts interest rates by 0.2% after Ten increases since 2022

The European Central Bank has delivered a boost to mortgage holders with a cut in its key interest rate by 0.25 percentage points to 4.25pc. This welcome news was widely anticipated and there may be many further reductions in the coming months. The current reduction, which will see rates falling from a 22-year high and […]

Total of €14,109.80 raised for Sligo Cancer Support Centre

The Sligo Christmas Splash Committee were delighted once again to be able to hold their annual fundraiser at Rosses point on Christmas Day 2023. There was a fantastic turn out for the event with huge numbers embracing the cold and making a splash for a great cause. A fantastic total of €14, 109.80 was raised […]

First Time Buyer Mortgage Approvals hit Record High

Mortgage approvals for first-time buyers have hit a record annualised high in February according to figures from the Banking and Payments Federation of Ireland (BPFI). The information shows that in the year to the end of last month, first time buyers were given approval for mortgages worth a total of almost €9 billion. This represents […]

Tracker mortgage holders interest rates to drop by .35%!

Irish tracker mortgage holders are set to get a bonus reduction of 0.35 of a percentage point in the interest rate on their loans this autumn, due to a rethink by the European Central Bank (ECB) rates. Tracker mortgage rates are priced off an ECB interest rate, the refinancing rate, which has recently been half […]

Finance Ireland Reduce Mortgage Interest Rates

Oates Breheny Group is an approved broker for all lenders in the Irish mortgage market and is pleased to report that Finance Ireland has reduced interest rates for three and five-year fixed rate mortgages in a response to lower market funding rates in recent weeks. The move sees all three and five year fixed rate […]

Mortgage Interest Relief Scheme

The Mortgage Interest Tax Credit (MITC) was announced in Budget 2024. Customers can claim a tax credit on the increase in mortgage interest they paid in 2023 over the mortgage interest they paid in 2022. This was introduced to support customers who have been impacted by mortgage rate increases since July 2022. The tax relief, […]

Oates Breheny Group selected as an exclusive broker for MoCo Mortgages

MoCo, which is owned by Austrian bank Bawag, will add some much-needed competition in the Irish home-loans market. The new lender’s deals are only available through mortgage brokers and are available for homebuyers across the country. MoCo’s minimum mortgage level is €125,000.  Oates Breheny Group is delighted to announce that we are one of a […]