Rising retrofit demand leads to extended waiting times for Irish homeowners

Rising retrofit demand leads to extended waiting times for Irish homeowners

Irish homeowners applying for energy efficiency upgrades through the Warmer Homes Scheme may face longer waiting periods due to surging application numbers, according to Environment Minister Darragh O’Brien. While waiting times for the Sustainable Energy Authority of Ireland (SEAI) program had significantly decreased between 2022 and 2024, Minister O’Brien warned that recent developments could reverse … Read more

Vulture funds imposing punitive 8.5% interest rates on 7,000 Irish homeowners

Vulture funds imposing punitive 8.5% interest rates on 7,000 Irish homeowners

Approximately 7,000 homeowners across Ireland are currently being charged interest rates of at least 8.5% on their mortgages by vulture funds, according to a newly released Oireachtas paper. The document highlights the financial strain being placed on these households, who are paying significantly more than the standard variable rates typically offered by mainstream lenders. These … Read more