I’m worried about my mortgage repayments. What should I do if they rise? Q My mortgage repayment is rising all the time, it is beginning to cause me stress. When I asked my lender, I was informed I cannot fix the rate. I’m worried repayments will rise to a level I can’t afford. What happens
Following on of our recent blog articles where I discussed the benefits of Income Protection, I noticed an increase in queries regarding the broader issues of financial security should ‘the worst’ happen and a person’s income was compromised. For example: Q I AM currently a long-time renter with no short- or medium-term prospect of purchasing my
A colleague of mine has been out of work due to illness for the last two months and told me he is currently relying on social welfare, while he awaits recovery and return to work. This made me very nervous, as €220 per week would not even cover my rent, food, car loan, etc. What
Is it too late to switch my tracker mortgage to a fixed rate? I HAVE a tracker mortgage and while it has been great for a few years, I’ve had six increases since July. How bad could it get and is it late to switch my Tracker Rate? While ECB interest rates have risen
Budgeting in the current climate: how can I get my spending under control? Q I’m finding it difficult to budget at the moment to the constant changes to prices, interest rates and so-called expert opinions on what’s going to happen. How can I budget better and try get both my spending and saving under
Can you explain all about multi-claim protection cover? Q My friend recently had a heart attack, he did not have health insurance and is now struggling with both his health and finances. This has prompted me to start researching insurance cover, such as Income Protection, Cancer Cover and Specified Illness Cover. The cover that sounded
Top reasons for carrying out a robust review of your finances right now.. Q Is it time to carry out a financial review? A Having just emerged from the Covid pandemic, with a degree of optimism, Europe was returned to a state of uncertainty and fear last year. The grim first year anniversary of President Putin’s
Q I’ve heard switching my tracker mortgage to either a long-term fixed rate or to a new provider might increase my chances of getting a better interest rate on my mortgage. Is it advisable to switch to a fixed rate now? A Unfortunately, there is no simple answer to this question and queries such as this
“Hey SEFS! We’ve worked hard and built us a good business. It’s not massive but we’re very proud of it and want to pass it to our children. What’s the best way to do that?” Though it can be analysed in various ways, there are two key (and very much intertwined) broad objectives that
Q I took your advice and fixed my mortgage but I’m still struggling financially after the recent interest rate increases as I left it late to fix. I need to supplement my income and I heard about renting out a few rooms in my house tax free. Can you please tell me more? A Sorry to