Mortgages in Ireland - Loan to Value (LTV) & Loan to Income (LTI)
Vložit
- čas přidán 10. 09. 2024
- Loan to Value (LTV) and Loan to Income (LTI) ratios. You've likely come across these when researching mortgages in Ireland. The Central Bank of Ireland introduced these ratios as part of their macroprudential regulatory regime back in 2015. Many consider these ratios as a contributory factor to the current Irish housing crises.
Today we take a look at what these ratios are and why they exist. The current housing situation is frustrating. However, it remains as important as ever for each and every one of us to be educated on the housing and lending ecosystem here in Ireland.
If you enjoy the video, or have any questions/feedback, let me know in the comments section! Leave a like on a video, subscribe to the channel and I'll see you in the next one!
Check out some of my other videos 🎥
Investing Success Playlist ✔️
• Investing Success
Tax Education Playlist 💡
• Tax
Socials 📸
Instagram: / malone_financial
TikTok: / malonefinancial
Facebook: / malonefinancial
LinkedIn: / malone-financial
DISCLAIMER: The information provided in this video is for educational and entertainment purposes only and is not intended to constitute advice. I do not recommend acting on the basis of this video alone, nor should you act upon the sole opinion of any individual on the internet before doing further research and/or contacting a professional advisor.
#mortgage #property #financialfreedom #finance #wealth #beginner #finances #financialliteracy #financialeducation #money
Commenting to feed the algorithm. Great content man!
My man! Cheers for the kind words
That’s very useful, I did not know about the difference LTV interest rates, thanks Dan
No problem! This video is outdated but you can get all the updated limits on the Central Bank's website!
Great summary 👌
Cheers James, appreciate it
Loads of great info. I would like however if you incorporated more examples in future videos. Especially on the concept of LTI and LTV ratios being broken.
Hey, great vids and great variety of content. Subbed!
Not sure If this is a thing in Ireland but if it is could you do a video on getting a loan against your stock portfolio?
Cheers
Appreciate the support! I will look into this for you and perhaps make a video in the future on it
Great video!
Cheers Robert, this video is actually outdated since the latest CBI changes to LTIs just FYI
Hi Melon, one question I can’t figure it out myself. With so high taxes rates on incoming tax, which can get near half of a person salary going to the government.
How come some people manage to get so expensive cost of living, like houses which worth millions and modern cars, these are spread all over the country. I don’t see how come someone earning around 100k-120k a years which is the 1-2% of the population affording that. Any thoughts ?
They use debt Alcides!
Hi malone , could you give me some advice. I'm from the North of Ireland and my credit is very bad to get a mortgage here in the north , but is there a possibility of moving to say donegal, open a bank account and apply for a mortgage with a clean slate to buy a house in donegal . thanks
algorithm