Cashback offers may not lead to best mortgage deal

If you are in the mortgage market, there are four categories; first-time buyer, non-first time buyer, investor (buy-to-let), or a switcher. Different rules and criteria apply for each.

Most of the current market is made up of first-time buyers. They are in a privileged position over non-first timers as they only have to find a 10% deposit whilst for second-time buyers, it is 20% of the purchase price.

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Tricks to save big on Black Friday

The biggest shopping day before Christmas is fast approaching so you need to be prepared if you want to get the best bargains. Black Friday falls on November 24 this year.

Forget getting up at dawn, or even skipping work this year, the deals are just as good online. The first piece of advice I can give you is to not overstretch yourself financially, just because you think something is a good deal. Disappointment with the small size of giveaways in the Budget has left consumers feeling underwhelmed. This prompted a drop in consumer sentiment last month, new figures show. Consumers are cautious about their household finances but are ready to splurge at this time of year, so we have decided to give you some useful tips to follow on Black Friday.

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Taxing times – how to reduce the tax you pay without using a pension

Are you sick of seeing adverts from the life assurance companies about pensions and wondering is there anything else I can do?  Whilst there are very few tax saving schemes available in Ireland, especially for PAYE workers, there are ways we can reduce our tax bill NOT using a pension.  The main scheme which is an alternative or compliment to pensions and is not commonly known amongst the general public is called the Employment Investment Incentive Scheme (EIIS for short).  It is really the only other game in town for higher Tax rate payers (those earning over the new standard rate threshold of €35k per annum, or if they are married and taking their spouses allowances €45k per year).  It is an investment Irish individuals make into an Irish company.

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The Added Value of a Financial Advisor

Be different

As financial advisors we are often asked whether it is worth the cost to hire a financial advisor. I know, very ironic. After all, there is a cost to make you money.  People say they can listen to the news to find out where and how to invest, so, “Wouldn’t I be better off just keeping that fee for myself?” That is an excellent question with an answer that depends on many factors. First and foremost is that Alpha Wealth is unique in its practices to a huge proportion of brokers across Ireland. We look at all aspects of financial management and we offer free financial reviews. Yes, you did hear that right. Exiting, right?

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Brexit and the Impact for Ireland

It appears that people are envisioning a Brexit scenario to be much like the post-apocalyptic future of the Terminator movies after judgement day.

In three days time we could wake up to a radically changed world, a different Europe, a different Britain and Ireland caught in between both. One thing we’re all wondering is if in the event that Britain does choose to leave, will it be as apocalyptic as the remain side make it out to be?

In recent weeks the Brexit debate has cranked up and much can be said about Ireland’s significant relationship with Britain. Our economies, history and commerce are closely intertwined. Fears over the ramifications of Britain leaving the EU are causing market turmoil, but what does Brexit mean for you?

However, the main question is not how to deal with it in the next few days, but how to deal with a profoundly different investment and business environment in the wake of a redefined Europe.

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