Ireland’s Guide To Money And Living

Consumer watch

Attention renters – according to the Chairman of the Housing Agency, none of you are losers. Speaking to Newstalk Breakfast, Chairman Conor Skehan said that “I think people are coming around to the idea that renting isn’t for losers, it’s a valid choice for many people.”

The comment came as the Housing Agency, established in 2010, launched its first annual report. According to this report, around 21,000 new houses will be needed each year for the next three years.

In other news, compensation will be provided to roughly 1,400 people with mortgages from Permanent TSB and Springboard Mortgages, as a result of issues that were uncovered by the Central Bank.

According to the latter organisation, PTSB failed to warn customers about issues relating to fixed rates or discounted tracker periods, while Springboard customers were charged incorrect interest rates on their mortgage accounts.

Finally, 300 new jobs are bound for Limerick, thanks to technology firm Uber. Uber, which connects travellers with taxis, private cars or ride shares around the globe, is opening a customer support centre in the city.

Uber Ireland general manager Kiaran Harte has said the company hopes to hire 150 people by the end of this year, and a further 150 by the end of 2016.

When not writing about all things personal finance, You & Your Money's editor Conor Forrest enjoys reading, football and getting lost in an ocean of Wikipedia articles.