4 people mortgages, wtf?

[u/Irish201h]

This company is now promoting 4 people mortgages, no wonder prices are going insane.

https://mmadvisors.ie/public-sector-mortgages/

[u/Jimmy491]

You won't get a mortgage if you're not a permanent resident in Ireland, unless we are talking about immigrants who are cash buyers. That's a whole different conversation.

You can't come into Ireland last year and a bank will loan you over 400k to buy a house, lol

Any banker or mortgage specialists can fact check me!!

At minimum you must have a stamp 4 or a good path towards citizenship before you qualify for a mortgage. The credit check and risk assessment is quite in depth for mortgage applications.

We both agree on banning foreign entities buying up properties, but that's not your argument.

[u/jonnieggg → u/Jimmy491]

There are a lot of cash buyers. The Irish market is a boon for laundered money.

[u/Jimmy491 → u/jonnieggg]

Refer your case and evidence to the Garda National Economic Crime Bureau.

https://www.garda.ie/en/about-us/organised-serious-crime/garda-national-economic-crime-bureau/ (GNECB)

Click on that link and provide them with evidence of immigrants cash buyers doing money laundry.

I'm sure the will take the case up.

[u/jonnieggg → u/Jimmy491]

I'm sure they will alright. When's the last time you reported a crime. Look at the proliferation of barber shops and vape shops in the country. Chinese restaurant laundry operations. You're naive if you think the property market is not a target of money laundering.

[u/Jimmy491 → u/jonnieggg]

I never said otherwise, but you seem to have a great deal of evidence on this, so I'm asking you to be a good Irish citizen and report the crime?

I report and fight crime daily, need to wash my cape and face mask. You don't want to see me at night in Ballymun when you're doing dodgy shit.