HC Financial

29/01/2024

Looking for a Mortgage? Need some advice? Our team at HC financial are here to help you secure your dream home.

Whether you are a First time buyer, upsizing, or just ready for a move give our team a call on 091 788000 and let us help you step by step

05/12/2023

Well done to all the team, including coaches and managment from all at HC Financial

Salthill Devon Football Club have just won the Connacht Champions Cup, beat Carbury Football Club 4-1 in the final in Castlebar, with goals from Jackson Silva, Vinny Faherty and Matty Barret (2). Well done Emlyn, Keith and the entire squad

04/12/2023

Thank you to all our Clients - 35 years ago, our CEO, Gerry Cuddy & the late Danno Heaslip had a shared vision to offer a Financial Service in the West of Ireland that was client focused, expert lead and innovative.
Today, backed by a committed team, HC Financial continues to drive forward on those principles.
We are so grateful to all our clients and employees for their support and belief in what we do, working with us for a better financial future.

21/11/2023

🏡 Your Home, Your Future, Our Expertise! Our team at HC Financial are here to help,🤝 Call us today on 091 788000.
Friendly, Professional, and Committed to YOU. Let's turn your dreams into reality with personalized mortgage solutions. From first-timers to upgrading, we're here for you every step of the way. Ready to start on your homeownership journey? Let's chat! 💬🏡 🗝️🌟

01/09/2023

Sad news at the loss of a dear past employee and friend - Stephen Dervan, a true gentleman. All of the management and team at HC Financial are truly heartbroken at the passing of Stephen and our thoughts are with his family at this time.

He will be sadly missed by his loving wife Mary, daughter Ailbhe, son Ian, his brothers John and Niall, sisters Marie, Ena, Carmel and Jean, his sisters in law, brothers in law, his nephews, nieces, grand nieces, and grand nephews, all his relatives, neighbours and a large circle of friends.

Ar dheis Dé go raibh a hanam.
https://rip.ie/death-notice/stephen-dervan-galway-kilcolgan-528305

02/08/2023

***Protection for the Self Employed***
Working for yourself has many benefits and provides flexibility but the downside is a lack of financial security.
When you are unable to work due to illness or injury your source of income may dry up.
If you have paid sufficient PRSI contributions, you may be entitled to State Income Support, but this only covers long term sick pay (i.e. you must be off sick for 12 months before becoming eligible to apply and you must prove that you are unable to work for a further 12 months).

Illness and injury can happen to anyone and usually without warning. In general, those who are self-employed are not covered by employers’ insurance and may not have taken out a personal policy. This can result in a significant income gap.

While you are building up your business and client base you may not be able to also build up any significant savings. According to research carried out by the Central Bank of Ireland, the average Irish household has savings that would last 7.5 months if their source of income was to stop. 1 in 6 having no savings at all.

The good news…

The cost of income protection is very reasonable and most freelance professions belong to “low risk” classes offering lower premiums. The premiums are also tax deductible. The cost will depend on your age, your health, deferred period, and agreed level of cover.

Income Protection gives you an income each month while you are unable to work. You can use the money to pay your bills as well as expenses you might build up for your medical treatment.
However you decide to use your money it is there to support you and your family, allowing you to focus on getting better.

At HC Financial we can talk you through the various options available to you, including monthly contributions and benefits. Remember some cover is better than no cover, so it is worth setting up a policy sooner rather than later.

Call us today on: T 091 788000 or email: [email protected]

21/07/2023

The First Home Scheme was launched one year ago this week (July 2022). The scheme is designed to bridge the gap between the customers mortgage, their deposit and the price of a new home. It does so by providing for the shortfall in return for an equity share in the home.

To be eligible for the Scheme you must:
- be over 18 years of age
- be a first-time buyer or other eligible homebuyer
- have Mortgage Approval with a Participating Lender
- borrow the maximum amount available to you from one of the Participating - - Lenders (up to 4 times your income*)
- not be availing of a Macro Prudential Exception (MPE) with a Participating Lender
- have a minimum deposit of 10% of the property purchase price
*there are no specific household income limits required to participate in the FHS.

To be eligible for the Scheme the property you are purchasing must:
be a newly built house or apartment OR be the house or apartment you are currently renting and residing in and are now looking to purchase it having received a Notice of Termination from your landlord, as the landlord is putting the property on the market
- be a property in a private development in the Republic of Ireland
- be bought as your Principal Private Residence
- be within the local authority property price ceiling for the property type (house or apartment)
not be a self-build

The FHS can fund up to 30% of the market value of your new property
this amount is reduced to 20% if you are availing of the Help to Buy Scheme (HTB). Details of HTB can be found on the Revenue’s website (www.revenue.ie), and examples, including the HTB can be found in the Homebuyers Guide on the Guides/Resources page
the minimum equity share is 2.5% of the property purchase price, or €10,000, whichever is higher. (read full article here: https://lnkd.in/eaQFFX8k)

For more information or help starting your mortgage journey call our Mortgage Advisor, Fiona on: 091 788000 or email [email protected]

18/07/2023

What wonderful role models, we are so proud of you all and wish you the best of luck from all the team in HC Financial

27/06/2023

Well done Heather from all the team at HC Financial

Congrats to Heather Payne announced as FAI Women Young Player of the Year, last night

21/06/2023

Wow, 3-0 Irish Cup, Q Final win over Shelbourne

21/06/2023

What are the real benefits of working with a Financial Adviser? In this weeks blogs we outline what you can expect and what the benefits are... We are always here to help and advise. It's your financial future, take control. https://hcgroup.ie/why-work-with-a-financial-advisor/
T: 091 788000. E: [email protected]

Why work with a Financial Advisor 5 minutes ago by HC Financial in Standard Blog, Uncategorized 0 Why work with a Financial Adviser? Managing your wealth and finances can be challenging, especially in today’s ever changing market. With so many considerations and options, it can be a bit overwhelmi...