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Are renovation costs finally putting a brake on mid-market house prices?
2+ week, 3+ day ago (539+ words) A sample of two may be enough to define a trend for the purposes of a newspaper column but perhaps not enough to call a definitive inflection point in the second-hand housing market. But Dublin City Council has this week…...
In the middle of a housing crisis, why are our town centres so empty? " The Irish Times
1+ mon, 6+ day ago (29+ words) In the middle of a housing crisis, I drive through the centre of country towns or villages and see dark and empty first and second floors and wonder why?...
Former music producer and Celtic Woman creator loses home on foot of mortgage debts
1+ mon, 6+ day ago (454+ words) Former music producer and entrepreneur Sharon Browne has lost her Stillorgan, Co Dublin, home to a bank on foot of mortgage debts of more than "390, 000, including "204, 000 payment arrears. The 61-year-old, who created top international group Celtic Woman, and male version…...
Interest rates poised to rise on Iran conflict uncertainty
1+ mon, 1+ week ago (433+ words) Homeowners and businesses face interest rate rises this year if the uncertainty sparked by the US-Israel conflict with Iran persists, a leading property industry figure predicted on Tuesday. The European Central Bank (ECB), which sets euro zone borrowing charges, is…...
Number of new homes started in first quarter doubles, says Sherry Fitz Gerald
1+ mon, 1+ week ago (673+ words) The number of housing commencements in the first quarter of the year was more than double that of the same period last year, new data from estate agent Sherry Fitz Gerald shows. The group said construction got under way on…...
Debt shame: "I was going to lose my home. .. It was one of the darkest times
1+ mon, 2+ week ago (1881+ words) The aftershocks of the financial crash are still being felt almost two decades on with the number of owner-occupier loans more than a year behind in repayments standing at 16, 115 " or 2. 2 per cent of all home loans in the market " according…...
Bridging loans: will the Central Bank changes help those who want to trade down to a smaller home?
1+ mon, 3+ week ago (472+ words) The Central Bank has announced a change in the rules on bridging loans, a type of lending to help people when they move house which disappeared after the financial crash and has only started to return over the past couple…...
Mortgage rules for short-term bridging loans eased to help home buyers
1+ mon, 3+ week ago (323+ words) The Central Bank has moved to ease its mortgage lending rules for short-term bridging loans aimed at funding the purchase of a home prior to the sale of an existing property. The regulator said that it will exempt certain principal…...
Is your mortgage fixed-rate coming to an end? Here's how you could save over "10, 000
1+ mon, 3+ week ago (1144+ words) Are you one of those lucky homeowners who locked in a fixed-rate mortgage five years ago? Congratulations, you've saved thousands of euro. All good things come to an end, however, and if you're coming to the end of a fix,…...
Middle East war could drive up mortgage rates, brokers warn
2+ mon, 2+ week ago (432+ words) The war in the Middle East could lead to a rise in interest on home loans, mortgage brokers have warned, after new data from the Central Bank showed rates were unchanged in January. The weighted average interest rate on new…...
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