Phil Hogan Got Cut-Price Mortgage

Am Chile · 09-07-2012 5:03pm #1

Another story about phil hogan in yesterdays Indo-some people may or may not have heard about it.

Phil Hogan got cut-price mortgages for his luxury villa in Portugal and Dublin 4 from toxic bank, Irish Nationwide. yes its the very same villa he won't pay tax on- while he wants those struggling with mortgages to pay property/household taxes.

Phil Hogan, the minister responsible for collecting the household charge, availed of "soft" loans of close to €900,000 that were approved by toxic building society boss Michael Fingleton who has cost the State €5.4bn.

Hogan's unorthodox loans were personally approved by Fingleton to allow him buy a pied-a-terre house in Dublin 4 and a luxurious penthouse in Portugal using two interest- only loans of at least a decade each, an aggressive equity release, and what appears to have been, for his final loan, minimal paperwork.

http://www.independent.ie/business/irish/nationwides-soft-loan-to-hogan-3161567.html

Blondini · 09-07-2012 5:05pm

Phil Hogan can go and chew my sour ars*hole.

hondasam · 09-07-2012 5:06pm

I think Phil Hogan may have to step down shortly.

ejmaztec · 09-07-2012 5:07pm

I hope he pays the charge for the septic-tank between his ears.

190E2.516 · 09-07-2012 5:10pm

cant see this government lasting much longer. enda kenny flat out opening rural community centres and phil hogan living it up in his tax free villa. these guys would wanna wake up

Red_Wake · 09-07-2012 5:11pm

Am Chile wrote: »

yes its the very same villa he won't pay tax on

It's a service charge he won't pay, not a tax.

staker · 09-07-2012 5:12pm

Yet another politician with the view that the system is there for their own benefit only. Nothing new regardless of party.

09-07-2012 5:16pm

Red_Wake wrote: »

It's a service charge he won't pay, not a tax.

Yes the household Tax is a charge with no service.

ilovesleep · 09-07-2012 5:17pm

Fcuking fcuking fcuking fcuking fcuking fcuking fcuking fcuking fcuking fcuking hell.

My name is URL · 09-07-2012 5:18pm

Red_Wake wrote: »

It's a service charge he won't pay, not a tax.

Whatever. The man himself asked in relation to that "would you pay a charge if you were unhappy with the service?".. while demanding that every eligible household in the country pay a charge that the government themselves will undoubtedly squander.

You couldn't make some of this stuff up. It's just the same as when FF were in power, and for years; regardless of the fcuk-ups they made, their supporters continued to defend them.

ArmaniJeanss · 09-07-2012 5:20pm

Am Chile wrote: »

yes its the very same villa he won't pay tax on

OK, so what actual tax is Phil Hogan refusing to pay on this villa?

Please do not link me to any story which isn't to do with actual taxes.

mikom · 09-07-2012 5:21pm

Red_Wake wrote: »

It's a service charge he won't pay, not a tax.

Really.....

The Household Charge is an annual charge introduced by the Local Government (Household Charge) Act 2011 which is payable by owners of residential property.

We are one of the last countries in Europe that does not fund local services through local property-based charges.
These services are essential to your community. They include: fire and emergency services; maintenance and cleaning of streets; planning and development; public parks; street lighting; libraries; open spaces and leisure amenities.

Waffle from the household charge site.

09-07-2012 5:23pm

ArmaniJeanss wrote: »

OK, so what actual tax is Phil Hogan refusing to pay on this villa?

Its the service charge. The same charge people who own apartment pay, who are exempt from paying a household charge.

ilovesleep · 09-07-2012 5:23pm

FG has to go and pretty sharpish too

- Enda and his speech to the vatican - empty words
- Expenses - eg xmas cards
- No accountibitly held over the bank guarantee or the previous government.
- Bertie up to his eyeballs in ****e that involved in a tribunal.
- Taking jobs away from the economy with the slaveship scheme: shelf shackers, car valeterers, kitchen porter internships - for fcuk sake

ArmaniJeanss · 09-07-2012 5:26pm

Deleted User wrote: »

Its the service charge. The same charge people who own apartment pay, who are exempt from paying a household charge.

So Phil Hogan is, as far as we know, completely and totally to up to date will all taxes on the Portuguese apartment? And is having a dispute with a private entity over a service provided to the apartment.

Much like that time I refused to pay the newsagent after they delivered the wrong paper to me for a week, but continued to pay all my taxes.

Uriel. · 09-07-2012 5:27pm

ilovesleep wrote: »

FG has to go and pretty sharpish too

- Enda and his speech to the vatican - empty words
- Expenses - eg xmas cards
- No accountibitly held over the bank guarantee or the previous government.
- Bertie up to his eyeballs in ****e that involved in a tribunal.
- Taking jobs away from the economy with the slaveship scheme: shelf shackers, car valeterers, kitchen porter internships - for fcuk sake

When did Bertie join FG.?

Surely there's enough mud to throw at FG without attaching Bertie to it?

ilovesleep · 09-07-2012 5:27pm

Brian Cowen and Sean Fitzpatrick

Phil Hogan and Michael Fingalton

tayto lover · 09-07-2012 5:27pm

The big Golf Match at the K-Club next week features --

Cowan & Fitzer v Hogan and Fingers

They are all in the same club now F.G and F.F.

mikom · 09-07-2012 5:28pm

ArmaniJeanss wrote: »

So Phil Hogan is, as far as we know, completely and totally to up to date will all taxes on the Portuguese apartment? And is having a dispute with a private entity over a service provided to the apartment.

Much like that time I refused to pay the newsagent after they delivered the wrong paper to me for a week, but continued to pay all my taxes.

Were you ever charged twice for the same paper, yet it never even arrived?

crazygeryy · 09-07-2012 5:32pm

Blondini wrote: »

Phil Hogan can go and chew my sour ars*hole.

off topic but how do you know your arsehole is sour?

stevedublin · 09-07-2012 5:33pm

ArmaniJeanss wrote: »

OK, so what actual tax is Phil Hogan refusing to pay on this villa?

Please do not link me to any story which isn't to do with actual taxes.

Its not a tax, its a management charge, go find the story yourself lazybones (hint: use google).

The man is a hypocrite expecting everyone else to pay a household charge, when he doesn't pay the management charge on his apartment in Portugal.

ArmaniJeanss · 09-07-2012 5:35pm

mikom wrote: »

Were you ever charged twice for the same paper, yet it never even arrived?

I see what you are doing there

*****
Seriously, it's not my fight. I'm no particular fanboy of PH.

I do however think its beyond retarded that the 'private service charge' dispute with a management company is thrown in his face as an example of him being inconsistent over 'tax'. The OP from his previous posts is intelligent enough to know the difference.

Zebra3 · 09-07-2012 5:35pm

tayto lover wrote: »

They are all in the same club now F.G and F.F.

They always were.

Two seperate brandings of the one political agenda.

stevedublin · 09-07-2012 5:38pm

ArmaniJeanss wrote: »

So Phil Hogan is, as far as we know, completely and totally to up to date will all taxes on the Portuguese apartment?

Good question, some enterprising young reporter should investigate this!

mikom · 09-07-2012 5:38pm

ArmaniJeanss wrote: »

I'm no particular fanboy of PH.

You should be.
I find it incredibly useful when measuring how acidic or alkaline a substance is.

Boombastic · 09-07-2012 5:54pm

Not surprised, hypocritical cnut:mad:

*awaits for the travel expenses being claimed from his property in Portugal thread

Blondini · 09-07-2012 6:05pm

crazygeryy wrote: »

off topic but how do you know your arsehole is sour?

Scratchy,sniffy,Licky,whiffy

MadsL · 09-07-2012 6:12pm

Blondini wrote: »

Scratchy,sniffy,Licky,whiffy

Dafuq?????

Boombastic · 09-07-2012 6:16pm

MadsL wrote: »

Dafuq?????

This?

Sour taste is detected by a small subset of cells that are distributed across all taste buds in the tongue.

http://en.wikipedia.org/wiki/Taste

K-9 · 09-07-2012 6:18pm

Deleted User wrote: »

Its the service charge. The same charge people who own apartment pay, who are exempt from paying a household charge.

People in unfinished estates are exempt not people who pay management charges, people could be paying both.

I'd see this as a resigning matter, he got treated favourably by Fingleton.

Irish Nationwide's loans to Fianna Fail politicians have been publicly criticised by two members of the current Cabinet -- Labour's Joan Burton and Fine Gael's Leo Varadkar.

Hopefully Burton goes on the Vincent Browne show to explain the difference!

hondasam · 09-07-2012 6:22pm

K-9 wrote: »

I'd see this as a resigning matter, he got treated favourably by Fingleton.

Same here, it's only a matter of time until he has to step down, he is bad news anyway with a terrible attitude to people.

naughtysmurf · 09-07-2012 6:24pm

The same Phil Hogan who when asked in Feb 2009 to take a 10% voluntary paycut in his €110,000 pay said " No, my personal circumstances don't allow that at the moment" :rolleyes:

MagicSean · 09-07-2012 6:30pm

Am Chile wrote: »

yes its the very same villa he won't pay tax on- while he wants those struggling with mortgages to pay property/household taxes.

I thought they were charges due to a management company.

tayto lover · 09-07-2012 6:31pm

R.T.E News again fairly quiet. Nothing about this newsworthy item again. Cowan was persecuted for meeting Seanie and rightly so but F.G. get a free run from RTE.
To me this was a favour and reeks of cronyism and that is something F.G. promised to snuff out. I think this is a very serious issue and if guilty Hogan should be on his way.

K-9 · 09-07-2012 6:32pm

naughtysmurf wrote: »

The same Phil Hogan who when asked in Feb 2009 to take a 10% voluntary paycut in his €110,000 pay said " No, my personal circumstances don't allow that at the moment" :rolleyes:

Poor Phil is in negative equity!

This is the same guy who stopped the planning inquiry in his county started by the Greens.

tayto lover · 09-07-2012 6:33pm

MagicSean wrote: »

I thought they were charges due to a management company.

Maybe so but he asked "why should I pay for a service I am unhappy with?"
I am unhappy with the services I am getting too. People in glasshouses etc etc.

mikom · 09-07-2012 6:35pm

tayto lover wrote: »

People in glasshouses etc etc.

Fuck me, are those liable for the charge as well?

hondasam · 09-07-2012 6:35pm

MagicSean wrote: »

I thought they were charges due to a management company.

Charges he signed up for when he bought the property, he might argue he is not getting value for his money but neither are we.

tayto lover · 09-07-2012 6:36pm

mikom wrote: »

Fuck me, are those liable for the charge as well?

You are in fine form today Mikom

noodler · 09-07-2012 6:36pm

Whats the issue here exactly?

Nothing wrong with a politician getting a mortgage.

If he does not feel his house in Portugal was subject to a certain tax then he has the right to appeal it as any of us would.

mikom · 09-07-2012 6:37pm

tayto lover wrote: »

You are in fine form today Mikom

It's the drugs tayto.

ilovesleep · 09-07-2012 6:39pm

K-9 wrote: »

I'd see this as a resigning matter, he got treated favourably by Fingleton.

Absolutely! Our banks were rotten and the blanket guarantee was too big of a measure to save those banks. Up to a certain sum perhaps but blanket guarantee - no way.

Banks and FF were all in on a scheme that, we are paying for and will do for a long time. It was reported last year that Brian Cowen played golf with Seanie Fitz the summer before the bank guarantee. The banks also lobbied the government back in 2005, 2006 for increased scope for borrowing. Banking regulator walks off scott free into the sunset.

Nothing was done on behave of FG as to an enquiry. Nothing. FF were deep into with those banks, now FG. Same arse, different cheek or something like that.

hondasam · 09-07-2012 6:39pm

noodler wrote: »

Whats the issue here exactly?

Nothing wrong with a politician getting a mortgage.

If he does not feel his house in Portugal was subject to a certain tax then he has the right to appeal it as any of us would.

Did you read the terms of his mortgage?

Could he afford those loans on his income?

Management fees he signed up to when he bought the house in Portugal.

tayto lover · 09-07-2012 6:39pm

mikom wrote: »

It's the drugs tayto.

Hope the Swedish Mafia are not after you.

mikom · 09-07-2012 6:42pm

tayto lover wrote: »

Hope the Swedish Mafia are not after you.

Hold on, let me deal with the FG/labour mafia first.

Ghandee · 09-07-2012 6:44pm

noodler wrote: »

If he does not feel his house in Portugal was subject to a certain tax then he has the right to appeal it as any of us would.

He refuses to pay a 'service charge' on his property, reason bring that he's unhappy with services received.

Just like we have the right not to pay a 'household charge' a 'charge' that's funding local 'services', because some of us are not happy with services received.

you at least see the similarity to this and the household charge, no?

noodler · 09-07-2012 6:45pm

hondasam wrote: »

Did you read the terms of his mortgage?

Could he afford those loans on his income?

??

What exactly is your point? Outrageous loan given to person during boom?

Were all Politicians supposed to be able to predict the future better than the average homeowner who got burned?

Is this just anger because he got preferential loan terms?

hondasam wrote: »

Management fees he signed up to when he bought the house in Portugal.

He said he wasn't happy with the service - most apartment owners would raise the issue if certain services relating to the apartment weren't carried out to their satisfaction.

I'm all for keeping a leash on Government but all seems like pretty weak sauce for the faux outrage it has generated. If he is replaced then the next Minister will have the responsibility for the Household Charge - he is just a figurehead.

Sonnenblumen · 09-07-2012 6:48pm

naughtysmurf wrote: »

The same Phil Hogan who when asked in Feb 2009 to take a 10% voluntary paycut in his €110,000 pay said " No, my personal circumstances don't allow that at the moment" :rolleyes:

Sure what might we expect from the impoverished millionaire? RESIGNATION

noodler · 09-07-2012 6:48pm

Ghandee wrote: »

He refuses to pay a 'service charge' on his property, reason bring that he's unhappy with services received.

Just like we have the right not to pay a 'household charge' a 'charge' that's funding local 'services', because some of us are not happy with services received.

you at least see the similarity to this and the household charge, no?

In a very limited sense, I can see your point but the Household charge is a far, far broader charge that goes to fund many local services, libraries etc (EDIT - well ostensibly anyway). If people were allowed to withhold payment on the Household charge because they didn't like the quantity of books stocked in the library or something glib like that then there would be chaos.

hondasam · 09-07-2012 7:09pm

noodler wrote: »

Is this just anger because he got preferential loan terms?

He should not have got them, it's what's wrong with the country.
How could he afford these loans based on his earnings at the time?

He said he wasn't happy with the service - most apartment owners would raise the issue if certain services relating to the apartment weren't carried out to their satisfaction.

I'm not happy he is asking me to sign up for a charge when I have no idea what it will cost me.
He knew what he was signing when he bought the villa.

K-9 · 09-07-2012 7:11pm

noodler wrote: »

Whats the issue here exactly?

Nothing wrong with a politician getting a mortgage.

If he does not feel his house in Portugal was subject to a certain tax then he has the right to appeal it as any of us would.

If you've no problem with politicians like McCreevey in a cosey club with bankers like Fingleton, probably no issue.

My problem is Burton and Varadkar criticising McCreevey for this and silence on this issue so far. I'd expect some condemnation in the next couple of days. I hate double standards like that. The Government parties aren't the only ones at it either, Higgins and his free envelopes spring to mind.

Phil Hogan Got Cut-Price Mortgage

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