Mark Coan: Mortgage prisoners need the Government’s help to escape penal interest rates
The Central Bank should focus on releasing mortgage prisoners by enabling them to switch away from the vulture funds. Photo: Getty Images — © Getty Images
Mark Coan
Around 60,000 mortgage holders are trapped with the so-called vulture funds.
Latest Irish Business
PIB continues Irish expansion with acquisition of Clare-based Gleeson Insurance
US company Dexcom to open manufacturing site in Athenry, Co Galway, creating up to 1,000 jobs
John Malone-backed MHL snaps up Dublin’s Brooks Hotel
Jon Ihle: Ires Reit bosses scrape through AGM but slim vote means questions linger for Ireland’s biggest private landlord
Taoiseach says mortgage interest relief being considered, as fresh ECB rate hike sparks more pain for homeowners
Glanbia doubles share buyback to €100m as it upgrades forecasts
Ires Reit executives survive effort to push them out at AGM
Mercury Engineering appoints Albert Manifold as non executive
Woodie’s and Chadwicks owner reports boost in revenue as building activity increases
-
This Working Life: ‘There’s probably a stereotype as some people are surprised when they ask what I do’
Top Stories
‘We need to normalise saying things are a bit tight right now’: Instagram budgeting guru Caz Mooney on how she cleared her debts
Former European Commissioner Phil Hogan now advising Wall Street bank JP Morgan on political issues
‘It’s cool to pretend the coronation is meaningless to us, but it is significant’ – Irish celebs speak to Barry Egan
Can you dress up as The Grinch and talk about politics? If so, you could be the next Late Late host
Latest NewsMore
The agony of being dumped by friend — how to cope and how to fix it
-
The one-hit wonder now best known for uptempo gypsy tune
Shock and War: Podcast unravels the chaos in Iraq, 20 years on
Aer Lingus boss Lynne Embleton expects strong passenger growth to continue
-
Asking for a friend: ‘My partner of three years is not interested in marriage but I am. Will I regret not having a wedding?’
Style notes: Body positivity is at the heart of new H&M x Mugler collab
-
As Sweden reaches for Ireland’s Eurovision record, how can we turn the beat around?
ICYMI: Pricey banana art is devoured, Nicolas Cage goes back to the womb and Ryan Reynolds to take on Snoop Dogg in hockey bidding war
New albums from Cian Nugent and Beach House: Languid and laidback music that celebrates the nuances of life
Tubular Bells and its debt to Richard Branson... and the devil