I saw a few comments on a recent thread stating this. Is there a situation where this wouldn't work? I'm aware some consultants can charge a lot of money, but once you're in the system are you not just using public services from thereon in?

I literally turned 18 today and unlocked so many investment options with revolut and stuff. Im curious about whats the best sort of stocks/etfs to put my money in atm cause I know inflation would eat away at my savings

Im in college and work part time around 10-12hrs a week and make average 150 a week and also have around €1k in savings. For the most part i have no expenses except for phone bill which is €13/month and the occasional wrap in college, i never go out for pints and i might put €50 diesel every other week.

I plan on getting on the roads soon and currently waiting on a test date any suggestions on how to save/invest?

Just heard that PTSB are offering mortgages at 3%… how on earth is that possible?

The ECB deposit rate is 2.5% (likely going up soon). A 5 year Irish government bond is paying 3.2% and a 25 year Irish government bond is paying 3.9%.

How are mortgage interest rates so low considering the bank could just buy Irish government bonds with less risk, less hassle and more return?

Hi All

My dad died a month ago and he wasn't a big believer in banks.... To say the least.

So now Mam is left with a large sum of cash and some more in the credit union.

She's currently in a state non contributory pension and is worried about having this amount of cash in the house but is concerned that her pension will be affected if she tries to lodge it.

I've looked through the citizens advice we site but it's not very clear.

Anyone have any advice here? The sums were talking about between the cash and the credit union is about 40k

Has anyone got any advice for me about potentially renovating a derelict house? It’s my father’s home house but it has not had anyone living there for over 10 years now. Myself and my wife can’t justify a 400-500k mortgage price wise right now and we’re thinking is a renovation a financially better option? We wouldn’t have to pay anything for the house of course, it would need a full rewire, plumbing, roof repair, walls and flooring interior wise need to be done also, it’s a fine house with a big garden. Is a renovation viable in a year or 2 ? Let’s say 100-125k roughly? I know it’s an impossible question to answer without specific details but just looking for some basic advice around the procedure if possible thank you.

I’m 26F from a relatively low/moderate socioeconomic background, I find myself often trying to navigate which career path is right or wrong or will offer good pay as this is a priority. I feel like once salary transparency comes in it will offer more clarity especially for people who come from backgrounds where their parents didn’t have a corporate job and can’t offer any insights on career paths.

Something I didn't know until I looked it up: Revenue charges a flat €200 VRT on any vehicle that is more than 30 years old at the time it's registered here. Under 30 years, it's the normal VRT calculation based on value and CO2.

So if you're looking at an older import (Japanese 4x4s from the 90s seem popular at the moment), check the exact build/first registration date before you commit. A car that turns 30 a few months after you register it can cost a lot more in VRT than one that's just past the line.

Customs duty and VAT still apply on top if it's coming from outside the EU, so ask Revenue how they'd treat the specific car before you pay for it.

Source: Revenue, "Calculating VRT" (VRT category C).

Has anyone here imported a 30+ year old car recently? How long did the VRT appointment and the rest of the process take?

Anyone here have any experience with a situation similar to mine, and if so, any advice would be great.

Basically I need to resolve a probate chain on an old property to get the house into my name. The chain is 3 deceased people (parent and two sons, then to me).

The actual probate work is hefty enough as it is, but there is also a lot of work on the tax side of things that needs to be resolved too. pre and post death revenue clearances, CAT forms, LPT registration for each person going back.

I expected it to be a significant sum, but maybe not as high as I was quoted, which was 13K plus VAT.

But maybe this is about right though for the work that is involved?

Hello all, I’m seeking some advice on what to do with my savings. I first opened a current account at 16 and have (stupidly) just been chucking my salary into it and spending from the same place for the last 7 years. I’ve finally decided to take charge of organising my personal finances as i have built up €30,000 in savings and I have just been watching it sit there doing nothing. I have already maxed out my pension contributions as my employer offers a good matching scheme, and I plan on opening a savings account (BOI supersaver perhaps) and begin contributing roughly 50% of my monthly salary towards it with the rest going towards regular expenses.

The question lies about what to do with the current €30,000 in savings. If i just shift it into the savings account it seems I’ll be getting near 0% back on it, whereas something like Trading 212 will allow me to transfer the whole amount and leave it as uninvested savings and receive ~4.5% before tax. I know AnPost offer some long term fixed rate options tax free but the appeal of T212 is that it can be withdrawn easily when the time comes to buy a house or upgrade the car. I have some experience with investing (mostly for fun) and I would put some of the savings into a few index funds, but I’m not interested in moving large portions of my savings very often. Any suggestions are welcome, I will also mention i have about €500 in stocks on Revolut but I have heard some horror stories about people losing savings and so on, so I would prefer not to have the majority of my savings there. Thanks in advance!

Thinking back to my parents generation they had to opportunity to buy a starter home in their 20s, upgrade in their 30s and even buy a forever home at 40 as an example.

Will that still be possible for the current and future generations when the gap between salaries and house prices continue to become wider?

If the average cost of a home in Dublin is 400K plus that’s a massive financial commitment.

I just want to check something for my Mum. Essentially, my parents are married, my dad retired with a good pension. My mum stopped working young to raise the family. Is my mum entitled to any form of pension or is it means tested based on my dad's pension? She did pay into stamps but no idea how much.

During the first 10 years (when the clawback can happen), if I move out and am no longer owner occupied in the apartment, can I rent out the apartment without triggering clawback?

I’m at the contract signing phase of a new-build apartment. My contract says the following:

“Disposal" includes a sale, transfer, assignment, lease for a term exceeding 70 years, declaration of trust or other disposal and Dispose will be construed accordingly but for the avoidance of doubt shall not include a lease of the Apartment (or part of the Apartment) for a term of less than 70 years

My read of that is that it’s actually fine to rent it out, but looking to sanity check. In the meantime, I will check with my solicitor too

I'm 49 and bought my house in 2025. I'd appreciate some feedback, particularly from anyone who has switched fixed-rate products with Bank of Ireland.

Current mortgage:

• Outstanding balance: approximately €283k
• Current fixed rate: 3.90%, expiring August 2027
• Standard monthly repayment: €1,652
• Additional 10% overpayment: €165
• Total monthly payment: €1,817

My property's BER has recently improved to a B rating, so I contacted BOI about switching to a lower EcoSaver fixed rate.

I was quoted:

• 3.15% fixed for four years
• 3.35% fixed for two years

BOI quoted a €0 breakage fee, although I was advised to check this again immediately before submitting the paperwork.

Here's the part I'm particularly interested in.

During the call, the representative confirmed that my existing 10% overpayment arrangement would carry over.

Separately, we discussed whether I could simply continue paying my current total of €1,817 per month after switching to the lower rate.

She confirmed that I could and agreed to arrange this.

What's interesting is that, assuming my standard contractual repayment decreases with the lower interest rate, maintaining €1,817 would mean paying more than 10% above the new standard repayment.

The representative didn't explain exactly how BOI would administer this, but she agreed to maintain the amount.

I'd be interested in hearing:

1. Has anyone switched fixed-rate products with BOI and kept their existing total monthly payment, even where this exceeded the normal 10% overpayment allowance relative to the recalculated repayment?
2. How did BOI administer this? Did they shorten the contractual mortgage term, maintain a higher scheduled repayment, or treat the difference as an overpayment?
3. Were there any restrictions or unexpected charges?
4. Would you favour fixing at 3.15% for four years or 3.35% for two years?

My longer-term goal is to pay off the mortgage closer to age 65 rather than 70.

I've requested the switching paperwork but haven't received or signed anything yet.

Interested in hearing from anyone who's dealt with something similar.

Thanks!

Hi All,

Recently had MVHR unit installed and noticed a big increase in electricity consumption…. Seems to be driven by the MVHR unit, anyone else experience similar???

“The reduction, available to those whose homes don’t have a building energy rating of B3 or higher, has been put in place with immediate effect for new and existing customers.”

I am not well versed in investing, the first time I tried there was so many taxes, so much complications and so little returns that I completely gave up.

I am currently sending money to my pension and overpaying yearly my mortgage to reduce the term and pay less interest.

I feel that if I am out of a mortgage in the next 10 years I could slow down, work less hours or part time and not kill myself working to death.

Is this considered a bad strategy?

So basically I defaulted on a debt a few years back (couldn't afford the repayments due to covid and everything was shutdown) so I took the slap on the wrist got a much better job and started the repayments process.

About 18 months ago I fully paid the total debt via DD and didn't receive any updated letters from Cabot, this evening I logged in to my account to see exactly when my final payment was made as. I wanted a ball park figure to see when my credit rating would improve and to my surprise Cabots website said I still owe 2 outstanding payments on the debt... What the fuck, my bank account details are still on the site and I've never missed a payment or received a letter from them after I had completed the payments... Has anyone had any experiences with something similar?

I am an spanish woman living in Ireland for 2.5 years now, ever since I moved here all my salary has been going to my Spanish bank account (which now I regret so much) I was doing that because eventually I wanted to buy a house in my hometown.

Anyways, I have been looking to get a loan to buy a car. My Spanish bank account said that they can't give it to me because I live in Ireland, so I decided to ask AIB for one, they said that they can't give it to me because I assume of my Spanish IBAN. I still need a loan but I genuinely don't know what to do, yesterday I have opened an account with BOI, but I guess that now I need to wait 3 to 6 months to ask and get a Loan, but I still feel like they will not give it to me. idk. I make 3.5k and I save 1k each month.

I genuinely don't know what to do? Could you give your advice, please? I would like to get the loan as soon as possible.

Hi All, Back in 2005 I got one-off those PTSB Free fees Switcher Accounts and I have never ever paid banking fees. This evening I noted a notification on the App saying I would receive a statement of Fees in October. Ive gotten no correspondence about the introduction of fees and I have never gotten a fee statement or a notification like this. I cant find anything about any changes.

PTSB made attempts to get me to move to fee-paying current accounts but I have never moved.

Does anyone's have one of these accounts and has their been any changes that I haven't been notified of? Thanka

Hi all,

Apologies if this isn't the right place to post this. Please direct to said place if it isn't.

Just wondering if anyone knows what I might be able to do in this situation. So I want to change my broadband from Vodafone to GoMo. I'm already with them for my phone SIM and I like their low price for life. I have less than a month to go on my contract with Vodafone. Would I be able to switch now or would I have to pay fees to Vodafone? I'm concerned that the GoMo price will change between now and my contract ending and I want to lock it in. I've no problem waiting the month out, I just want to make sure about the price and am worried it will go up. Am I being overly worried?

My five year green rate with AIB is finishing in the next six months. I had it at 2.15% which was excellent. There is around 225,000 left on the mortgage, the house is valued at around 410, 420k.

I'm strongly considering the option of switching over to Avant Mortgages and locking in for 20 years at 3.4%. Is there any opinions on this, first of all? And secondly, is it wise to go through a broker? I noticed that I can't ring them to inquire about information myself, only a broker can do this, but I presume it will cost me more?. also Avant pay 1% of the mortgage back in cash so it should cover solicitor fees etc.

Hi everyone! 😊

I’m a final-year Accounting & Finance student in Ireland, currently working on my dissertation about how social media influences investment decisions.

I’d really appreciate it if you could spare 2–3 minutes to complete my anonymous survey. You don’t need investment experience to participate!

✅ For people born between 1981–1996 and living in Ireland.

🔗 https://docs.google.com/forms/d/e/1FAIpQLSdku1CFsAD8m-gfz9xFqlrUmyO3UQCmyjK2jrsiZdCDgMGlFw/viewform

Thank you so much for your support! 🙏

I have around 10k in some ETFs through revolut and understand the existing tax rate is 38%, it will go down to 35% next year and the 8 year sale rule. I've only had the ETFs less then one year. I don't need the money now. I'm wondering how best to work it so I pay the least tax legally. I wonder will the % of tax need to be paid keep going down. I guess it could go back up at some point as well. Alternatively I could sell when the new investment government account reopens, pay whatever tax is needed and then lump into that account. Any other strategies? I doubt there is some kind of transfer from revolut to new investment account where the new tax rules would apply..? I have 10k in stocks as well in Revolut that is doing is doing reasonably well so I understand one way to work with that is to work with your 1270 tax free amount and offset losses versus gains and stuff.