Property News

Property News
Upward only rent reviews to be banned

Upward only rent reviews to be banned

Smilie Faces of Commercial Lease Holders Good news for all those with Commercial leases as Justice Minister Dermot Ahearn tabled an amendment to the Land and Conveyancing Law Reform Bill yesterday which will see the ban of upwards only rent reviews.

However the change will only apply to new commercial / business leases signed after the new legislation has been passed but it is a welcomed …

Property News
Homebuyers lose deposits as Laragan Homes collapses

Homebuyers lose deposits as Laragan Homes collapses

Milners Square Santry At a creditors meeting yesterday, around 100 prospective property buyers of apartments in Milners Square Santry and in Carrickmines Green, Carrickmines were told that they would get back only 1% of their deposit.

With the collapse of the Laragan property development company potential homebuyers of these apartments are now facing a refund of 99% less than that of what they had paid. …

Property News
Spain hopes for amnesty for illegal properties

Spain hopes for amnesty for illegal properties

Malaga Beach FrontMany investors and owners of Spanish property who have been affected by the crackdown on illegal planning are breathing a sigh of relief today. Reports from Spain yesterday point to the possibility of amnesty to be declared for illegally built properties.

During the property boom era, Spain witnessed (similar to other countries, but on a larger scale) a mass amount of corruption in …

Property News
Landlords Warned to get Tax Affairs in Order

Landlords Warned to get Tax Affairs in Order

Landlords Warned to get their tax affairs in order It seems buy-to-let investors and landlords are not having an easy time of it lately. With falling rents, longer vacancy periods, reductions in mortgage interest relief, rising mortgage rates and recent tax changes in the budget it can’t be an overly profitable business at the moment. Not only that but Revenue Commissioners have now been …

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UK Reveal Estate Agent Blacklist

UK Reveal Estate Agent Blacklist

Estate Agent Signs

The Office of Fair Trading in the UK has named and shamed Estate Agents there who have committed offences and not kept inline with Estate Agent practice.

The blacklist / register allows consumers in the UK to view and search online which agents are on the list and which ones the Office of Fair Trading has taken action against.

The Office of Fair Trading in …

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UK commercial property values drop 43.6%

UK commercial property values drop 43.6%

UK Commercial Property Market Wilts It was only last week that both the UK Nationwide Building Society and Halifax were pointing to possible green shoots in the UK residential property market. While this maybe true, it certainly isn’t the same story for their commercial property market. According to a new report released by the IPD, a London based research company, from June 2008 to …

Property News
Shortlist for Irish Architectural Award Announced

Shortlist for Irish Architectural Award Announced

The Lighthouse Cinema, Smithfield - Dta Architects

Today the Royal Institute of the Architects of Ireland (RIAI) announced the shortlist of Architects who will be competing for an Irish Architectural Award next Monday night June 22nd at Farmleigh House.

Out of a total of 223 projects that were submitted for an Irish Architectural Award this year only 35 made the final line up. The 35 shortlisted architects …

Property News
Huge Interest in Home Energy Saving Scheme

Huge Interest in Home Energy Saving Scheme

Wall of insulation €16 million euro has been forked out so far to Irish home owners who have availed of the Home Energy Saving Scheme. Launched back in February of this year, less then 4 months ago, over 12,000 homes up and down the country have already received insulation grants under the scheme.

The Home Energy Saving Scheme is aimed at private middle income homes …

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