The moneysherpa Insider
By mark coan
Mark Coan founder of Irish money guide moneysherpa.ie shares the inside track on ways you can make your money go further.
The moneysherpa InsiderSep 11, 2023
Maximising the Return On Your Savings
In this podcast, I discuss the current situation with interest rates in European banks with Greg Hughes, specifically focusing on Irish banks. I explain how the European Central Bank has increased interest rates, but Irish banks have been slow to pass on these increases to depositors. I highlight the legal and financial implications of moving your money to banks with higher interest rates within the EU. Additionally, I provide information on alternative banking options, such as Bunk and Raisin, that offer competitive rates. By exploring these options, you can potentially earn more on your savings and make your money work harder for you.
Equity Release Unwrapped (2), freeing up cash from your home with a Life Time Loan
This week I sat down with Aidan Horgan of Spry Finance to talk Life Time Loans.
This is the second of two interviews the Insider has held with the leading equity release players in Ireland.
Equity Release is under used in Ireland compared to many other places, so we wanted join the dots for insider listeners.
Life Time Loans are loans that only become repayable when you die or move home which can free up cash for:
- Getting your kids on the property ladder
- Extricating you and your partner from a financially messy divorce
- To improve your home and lifestyle
If you want to find out more about equity release click here or go to moneysherpa.ie
Equity Release Unwrapped (1), freeing up cash from your home with home reversion
Equity release can be a great way to release cash tied up in your home, so why is it so under used in Ireland?
Mark Coan founder of Irish money guide moneysherpa.ie unwraps the pro's & con's of equity release with Ian Higgins CEO of one of Ireland's largest equity release providers Home Plus.
This episode covers:
- Using equity release to help you kids get on the property ladder
- How equity release can create a divorce outcomes that are a financial win win
- Why equity release can help you cut your energy bills and increase the value of your home by funding a green retrofit
If you want to find out more about equity release click here or go to moneysherpa.ie