Mark Coan

Big day for @moneysherpaie yesterday! lmfm.ie/news/news-extra/lout…

Is @bunq ‘s new 2.46% deposit rate a tipping point for Irish banking? It potentially heralds a new era of EU wide competition that will radically improve consumer choice. thejournal.ie/readme/irish-b…

Great for @moneysherpaIE to be shortlisted as the small business of the year! Thanks to all who have supported us in our journey so far.

Over 144,000 exposed to rate increases of up to 2%, +€220 a month to average mortgage. With many mistakingly assuming lower ECB = lower mortgage rates, switching has slumped. More needs to be done to highlight the risks facing these mortgage holders. independent.ie/irish-news/te…

This is likely to be missed by many given the terrible events in Dublin yesterday, but @CWeston_Indo highlights the Central Bank warning around 144,000 consumers of a potential mortgage time bomb in the @Independent_ie

Great to get the chance to highlight the plight of trapped renters with @cooper_m yesterday. I'd be interested to hear thoughts on the potential solutions we covered and what other options there may be? youtu.be/XC6KaGc7p2o

@moneysherpaIE analysis shows that the average renter will now pay over €3,500 a year more than a buyer taking out a mortgage on the same property over 30 years. Raising questions about current mortgage rules stoping renters buying. moneysherpa.ie/buy-or-rent-i…

Great to get the chance to chat to @cooper_m about the growing financial gap between renters and buyers tonight. Renters unable to buy are at risk being locked out of building financial security for their families.

@moneysherpa analysis shows 150,000 households could face mortgage rates of 6%+ next year. I breakdown exactly why in my latest column for @ExtraIRL extra.ie/2023/11/10/property…

@moneysherpaIE analysis on the latest @daftmedia housing report shows the renter buyer gap. thejournal.ie/renters-paying…

Did the government miss a trick with mortgage rate relief including those who could fix? By focussing the same resources just on mortgage prisoners they could have protected those truly at risk. @LauraByrneStory #mortgageprisoners thejournal.ie/readme/budget-…

Thanks for highlighting @CWeston_Indo, @moneysherpaIE analysis shows that mortgage prisoners get just 10% of this relief, 90% going to those who chose not to fix. If the whole €125m went to prisoners it would have wiped out the 2023 hikes and given them breathing space.

The average mortgage rate relief in the budget is €400 each versus €2,000 in interest for 37,000 mortgage prisoners and over 120,000 others. The government could have wiped out the increase for prisoners, buying them much needed time. irishtimes.com/your-money/20…

The gap between the returns Irish savers can get with Irish banks and what they can get by moving to other banks in the EU is astonishing. Is the €139Bn on less than 0.2% in Ireland about to head overseas? Latest column for @TJ_Voices @thejournal_ie thejournal.ie/readme/banks-i…

Great to be interviewed by @BarryWhyte85 about how Irish savers can get a better bang for their buck on the Pat Kenny show this morning.

Although much more still needs to be done, this is a sensible and welcome move by the banks. Thanks to @CWeston_Indo for helping highlight the plight of mortgage prisoners and platforming potential solutions. Using the power of good journalism to drive positive change.

Hopefully we see some action on this soon, there are straightforward solutions and allowing people to suffer unnecessarily is unacceptable. jrnl.ie/6156998

As @davidhall75 & @BrendanBurgess rightly point out, ministers shouldn’t just be observers or commentators on the status quo. As law makers they should act to resolve the market failure that is inflicting misery on mortgage prisoner households.

If you’re buying get a specialist conveyancer not your family solicitor to do your legals. We are seeing 6 weeks or less from final offer to close on average with our recommended conveyancer v 4 months with general solicitors. @IPAVireland

Ireland had one of the lowest deposit rates yet above average mortgage rates=bank super profits. Lack of banking completion coming home to roost?