Financial Planner Ireland | Financial Advisor Ireland

Money Maximising Advisors Limited, your trusted Financial Planner in Ireland, is here to guide you towards financial success. Our experienced Financial Advisors in Ireland offer personalized strategies to maximize your wealth and secure your future. Let us navigate the complexities of finance while you reap the rewards. Your prosperous tomorrow begins with us.

Comments

Post a Comment

Popular posts from this blog

Understanding Redundancy in Ireland: Your Guide to Redundancy Payments & Entitlements

Image
Redundancy can be a stressful and uncertain time, but knowing your rights and entitlements in Ireland can help you navigate this process with confidence. Whether you’re facing redundancy or simply want to understand your options, this guide covers everything you need to know about redundancy payments, statutory entitlements, and ex gratia payments in Ireland. What Is Redundancy in Ireland? Redundancy occurs when an employer needs to reduce their workforce due to business closure, financial difficulties, or restructuring. If you’ve been employed continuously for at least two years with the same employer, you may be entitled to a statutory redundancy payment . Redundancy Payments in Ireland 1. Statutory Redundancy Pay The statutory redundancy payment is the minimum legal payment an employer must provide to qualifying employees. It is calculated as follows: Two weeks’ pay per year of service (capped at €600 per week) One additional week’s pay To determine your entitlement, you can use ...
Read more

Can you get a Buy-To-Let Mortgage in Ireland?

The allure of  buy-to-let properties  has captivated investors for years, offering a promising path to financial independence and a steady income stream. If you’re considering diving into this world in Ireland, you’re not alone. With the property market demonstrating resilience and potential growth, many are looking to take advantage of opportunities that lie within rental investments. But how does one navigate the ins and outs of securing a  buy-to-let mortgage ? What do you need to know about eligibility requirements? And what are the benefits and risks involved in becoming a landlord? This blog will guide you through everything from the current state of Ireland’s housing market to practical tips for successful investment strategies. Whether you’re an experienced investor or just starting out, understanding these fundamentals is key.  So let’s explore how you can turn your property dreams into reality with expert insights from  Money Maximising Advisors ! Prop...
Read more

Navigating Public Sector Mortgages in Ireland: Your Comprehensive Guide

Image
Public Sector Mortgage for First Time Buyers Meet Tom and Sarah. They both work as civil servants and each has an annual salary of €45,000. Both are on point 5 of their salary scales. Point 8 of the civil servants’ pay scale is €52,000. The future salary of up to 3 points current paygrades can be used as their qualifying incomes. This increases their borrowing power and max mortgage by €28,000. As First-Time Buyers, they will qualify for the Help to Buy scheme, the First Home Scheme. They have €10,000 in savings. In summary, by utilising all of the incentives available to them, Tom and Sarah managed to purchase a property for €498,000. HOW? €416,000 – from a Public Sector Mortgage €30,000 – from the Help to Buy scheme €42,000 – from the First Home Scheme, and €10,000 – from their own savings. They were able to purchase a property worth €498,000 by using all of the incentives available to them. Are you a public sector worker in Ireland contemplating homeown...
Read more