Dublin City Council is the first in the country to launch a rent-to-buy scheme in of 91 apartments in Rialto, Glasnevin and Finglas; if the pilot scheme proves successful it could be rolled out by all local authorities across the country next year. Since the slow down in the Irish Boom Tiger, Local Authority affordable [...]
Local Authorities have transferred more than 1,500 affordable housing units for use as social housing in an attempt to address the excess of unsold properties following the downturn in the housing market. With the current climate the demand for affordable housing, a scheme that was designed to provide homes at a discount to the market [...]
In the current market there is room to be a bit more choosy / specific about what you want and about what you do and don’t like when it comes to buying property. Well first time buyers fit the bill of being a picky bunch as a recent survey carried out by MyHome.ie has shown [...]
Results of a survey released by MyHome.ie this week revealed that two out of three first-time buyers say they plan to buy a property in the next year. However one thing that might scupper some purchases for these potential buyers is a lack of mortgage approval. Of those wanting to buy only 36% have received [...]
According to MyHome.ie, the number of people who plan to buy their first home in the next year is on the rise. A recent survey carried by the property website has revealed that two thirds of first-time buyers hope to make a purchase in the next 12 months, a 7% rise since last Autumn. Not [...]
Although the European Central Bank (ECB) left its rates unchanged yesterday for the 11th month in a row Bank of Ireland followed AIB today by announcing an increase in their standard-variable rates. The increase from 2.6% to 3.1% for both existing and new customers will add an extra €80 a month to the repayments of [...]
The MyHome.ie Property Barometer results for the first quarter of the year revealed an easing in the rate of decline in asking prices for the second consecutive quarter. In addition, statistics from MyHome.ie show that during the same period both market activity and the volume of properties going “Sale Agreed” increased significantly compared to a [...]
Apartments at Tailteann Court in Mullingar which is less than an hour outside Dublin city centre, go on sale this weekend for as little as €69,950. The 63 apartments which were originally put on the market for €202,000 failed to sell a single unit and are now being sold for less than two thirds of [...]
Recent reports reveal that the rental market is showing, albeit small, signs of stability. To the delight of some landlords, good quality rental property is in demand and rent rates have slightly but steadily increased since December 2009. With this recent news, the worthy discussion on whether to buy or to rent has raised its [...]
Buy of the week this week is also located in the beautiful county of Mayo. Just outside Westport in Leenavesta is a charming fully renovated traditional 2 bed river cottage. The cottage which is located in the most tranquil of settings with spectacular views across the surrounding country side to Croagh Patrick and The Sheefrey [...]
