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Sale price database: Will it provide much needed transparency?

Minister for Justice Dermot Ahern announced earlier this week the long awaited initiation of a property sale price database that will be used to monitor market trends, house prices and ultimately create much-needed transparency in the property market. “I am very aware of the need for reliable and up-to-date data on house prices and other [...]

Irish Holiday Rentals: Best Counties + Value for Money!

Dare we mention that the back to school madness is already nearly upon us once again! However the summer holidays are not over just yet and there is still plenty of time to head away for a few days before we all settle back into routines for another year. If you are thinking of holidaying [...]

Property Market Clarity: Sale Price Database initiated

Justice Minister Dermot Ahern announced yesterday that under new legislation a database of property sales prices for both residential and commercial property is to be set up and made available to the public in order to (finally) provide transparency about what is going on in the housing market. The news has been welcomed by many [...]

PSO Levy is Back: Electricity Price Hike seems imminent

Minister for Energy Eamon Ryan and The Commission for Energy Regulation have come under fire from many parties, punters and businesses with the announcement / realization that electricity bills are to rise come October. The electricity price hike is due to a Public Service Order (PSO) levy, a levy that was suspended in 2007. But, [...]

Mortgage Interest Rate Rises: Are they justified?

Following Irish Life & Permanent and EBS, Bank of Ireland are increasing their mortgage interest rates and AIB are not far behind with talks that their rates are likely to rise by half a percentage point in the next few weeks. Many have voiced their concerns that the latest round of mortgage rate increases is [...]

Household Waste: What’s with illegal dumping?

In a time when our economy is fairly broke and grasping at straws the last thing we need is a bill for illegal dumping totally €36 million – however it serves us right. Between 2002 and 2004 some 250,000 tonnes of Irish domestic and commercial waste is believed to have been illegally dumped at 20 [...]

300,000 homes are currently unoccupied: Why are we still building?

“Ireland is awash with buildings that few people either can afford or want to purchase,” states a new report published by The National Institute for Regional and Spatial Analysis (Nirsa). Based at NUI Maynooth, Prof Rob Kitchin the Director of the State-funded academic institution said that a post-mortem is needed into the Government’s failure to [...]

Mortgage Arrears: Are we heading for repossession “disaster”?

Yesterday a man in Arklow, Co. Wicklow barricaded himself and his sister into their family home using machinery from his plant-hire business in order to stop the house from being repossessed. The man said his actions were an attempt to reopen negotiations with an unspecified lender that had attempted to serve a repossession order. New [...]

Mortgage Rates on the rise again: Should you fix now?

Following the first round of increases earlier this year, EBS announced a further increase of 0.6% on its Standard Variable Rate mortgage this month which was followed on Friday by Irish Life & Permanent with a 0.5% increase on their Standard Variable Rate; it is only a matter of time before all banks follow suit. [...]

Property Tax: The never-ending story

Can we blog any more on property tax… yes we can! The subject of whether or not to introduce a property tax seems to be an on going and endless topic of conversation. Appearing in the paper again today ahead of this Wednesdays budgetary talks it now seems that a Property Tax is not on [...]

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