Author Archives brm

First-time buyers are being pushed out of the property market, with just over 1,000 would-be buyers obtaining approval for a mortgage in January. The figure was down 321 on the same month last year, and is also lower than the figure for the previous month, banks said. It is among

Read More

And a buyer could snap up three homes in Cavan for the price of one in the capital and have enough money left over to furnish them. A new database of property transactions shows Longford recorded the lowest selling prices for houses last year, with an average of just €79,000.

Read More

ONE of the biggest savings for households can be made by switching a mortgage to another provider. This does not apply to those on tracker mortgages, which are ultra cheap. For those on variable rates the savings can amount to thousands of euro a year – over the lifetime of

Read More

Dublin house prices are now falling hard at the same time as regional values surge – the exact opposite experience to one year ago. The value of an average home in the capital has tumbled over 12 months by 9.3pc in the south county area, by 3pc in the north

Read More

Measure a timely boost for developers as it also exempts unsold properties from levy New homes purchased up to the end of October 2019 will remain exempt from local property tax (LPT) under a Bill the Government plans to pass into law this week. The proposed legislation would extend the

Read More

IT’S the season to be jolly- to spend cash you don’t have, to dance on tables at office parties, to eat too much and meet up with all the “friends” you haven’t seen since last Christmas. Certainly it’s not a time to buy and sell houses. Or is it? Traditionally

Read More

First-time buyers now have a mortgage of nearly five times the average wage. A new report from industry lobby group Property Industry Ireland (PII) shows that at the end of September, first-time buyers typically had a mortgage of about €172,000. That is an increase of 3pc compared to the same

Read More

The amount of mortgage money drawn down will drop by almost a third in the last three months of the year, compared with the same period in 2014, according to the Association of Expert Mortgage Advisors. The group wants the Government to put together a “dedicated taskforce” to “look at

Read More

Survey by Knight Frank finds 96% opposition to Central Bank’s stricter lending criteria Some 96 per cent of developers believe the new Central Bank mortgage rules will have a negative effect on residential development over the next two years, according to the inaugural Knight Frank New Homes Construction Survey. The

Read More

THOUSANDS of homeowners bare in line to get valuable tracker mortgages back as a second State body is probing the growing scandal. The Financial Services Ombudsman’s office is now reviewing all of the decisions it made in the past five years, when homeowners took complaints to it after losing tracker

Read More