Posted on 29 May 2018
Growth forecast for Irish economy upgraded to 5% but house prices ‘warrant close monitoring’ Moody’s has raised its growth forecast for the Irish economy to 5 per cent for 2018, driven by recovering private consumption and residential investment. However, the ratings agency also warned that Ireland’s debt vulnerabilities “remain significantly higher” than many of its […]
Posted on 23 May 2018
Activity in the Republic’s construction sector accelerated to a three-month high in April as firms reported greater output and faster growth in new orders, according to Ulster Bank’s latest construction purchasing managers’ index (PMI). The sector is benefiting from a pick-up in housebuilding in urban areas, including Kilkenny, where demand for homes outstrips supply, and […]
Posted on 15 May 2018
Property prices continue to soar at double-digit percentage rates, rising at an even faster pace in March than in the previous month. Prices outside of Dublin are also continuing to increase at a higher rate than in the capital. Property prices at national level increased by 12.7pc in the year to March, according to the […]
Posted on 18 April 2018
I’ve been living in a rental property for more than 7½ years. During this time there have never been any issues and I’ve had a good relationship with the letting agent who manages the property. I’m coming to the end of my second Part 4 tenancy agreement this summer, but would like to stay on […]
Posted on 16 April 2018
Any increases will be ‘moderate and affordable’ despite rise in property values Minister for Finance Paschal Donohoe has given the strongest indication to date that there will be minimal alterations to the property tax when he reviews it at the end of this year. Speaking at the weekend, Mr Donohoe told reporters that any increase […]
Posted on 13 April 2018
Permanent TSB has reduced its rates on a number of its fixed rate mortgage products for new business. The changes, will apply to three-year and five-year fixed home loans, will come into effect on Monday, April 9. Eight products in total will see the rate reductions, which range from 0.10pc up to 0.15pc. Experts are […]
Posted on 4 April 2018
n an era of tightly controlled mortgage lending, weakened banks and sluggish wage growth, how is it that we have double-digit, turbo-charged house price growth? The simple answer: cash buyers. Cash investors have ploughed into the property market since the low point in 2011-2012, correctly assuming that prices wouldn’t stay on the floor forever, not […]
Posted on 20 March 2018
House price growth remains strong, with the latest official figures showing a 12.5 per cent average increase over the past 12 months. In some areas, prices rose by more than 17 per cent. The fresh data from the Central Statistics Office (CSO), covering the year to the end of January, shows that prices increased at […]
Posted on 13 March 2018
As it’s a requirement in order to obtain a mortgage home insurance is one of those necessary expenses to which few of us devote much attention. Indeed many of us will take the easy way out and opt for the policy offered by our lenders without putting too much thought into whether there is a […]
Posted on 6 March 2018
Mortgage approvals rose by 12 per cent in January, as rising rents saw a surge in first-time buyers looking to get a rung on the property ladder. However, the data also shows a slowdown from the growth rate highs of last May/June. Figures published on Tuesday by the Banking and Payments Federation show that in […]