April 2014 - MyHome.ie Advice & Blog

70,000 set to be affected as Permanent TSB increase standard variable rate

Thousands of homeowners who have mortgages with Permanent TSB are set to see their repayments rise from the end of next month after the bank announced that it was increasing its standard variable rate (SVR). Up to 70,000 customers are believed to be affected by…

Increase reported in number of people holiday at home in Ireland

General, Home

More Irish people holidayed at home last year, resulting in half a million extra nights' accommodation being booked at hotels, B&Bs and guest houses. The CSO household travel statistics for 2013 show Irish residents took 7.1 million domestic trips including holidays, business and other journeys…

Hotel owner praised for cancelling sale of family farm

General, Home, Mortgages & Money, Property News

The owner of a rural hotel has earned praise locally after he cancelled the auction of a family farm that was due to take place on his premises. The auction had been due to take place on Friday in the Bush Hotel in Carrick on…

Permanent TSB reporting strong interest in its tracker portability mortgage product

General, Home, Mortgages & Money, Property News, The Seller

Permanent TSB has reported strong interest from customers in its tracker portability mortgage product, which will go live from Monday next. The new product will allow customers with tracker mortgages and customers in negative equity to trade up or down from their current homes –…

Irish commercial property up 7% in the first quarter of 2014

Commercial Blog, Property News

Returns from the Irish commercial property market in the first quarter of this year were the strongest since 2006. Overall returns rose by 7.2 per cent in the first three months, with a rise of 5 per cent in capital values the main driver. The…

Just 2% of mortgage-to-rent scheme application are approved

General, Home, Mortgages & Money, Property News

A scheme to allow people with unsustainable mortgages give up ownership of their homes and rent them instead has seen less than 2% of applications approved. Under the Government-backed initiative, a property is bought at a market price from a bank by a voluntary housing…

Investment opportunities at Galway auction

Commercial Blog, General, Home, Industry News, Mortgages & Money, Property News, Property Picks, The First Time Buyer, The Investor, The Overseas Investor, The Seller

Galway-based estate agents O’Donnellan and Joyce will place 46 properties under the hammer in an all-day auction on Friday May 9th at the Harbour Hotel. A number of investment properties, commercial properties, and land will be on offer in the morning session, with 25 private…

€15m fund to renovate vacant houses

General, Home, Mortgages & Money, Property News

The Government has announced funding of €15m for a scheme to bring almost 1,000 vacant local authority housing units back into use. The initiative will help provide new homes for 952 families around the country. The four local authorities in Dublin will receive funding of…

Clever design and skilful landscaping transform a Rathfarnham garden

Advice, Garden & Outdoors

At the very outset of this project, the priorities were firmly established and several appeared much more obvious than others. For starters, the existing garden lacked any redeeming features, the space looked tired, jaded and overgrown. Planting was adhoc, whilst very limited in some areas,…

NAMA may be used to control rising property prices

General, Home, Mortgages & Money, Property News

The Minister for Finance said he has asked the National Asset Management Agency to see if it can use land it controls to temper rising property prices, particularly in Dublin. Speaking to the Oireachtas Finance Committee earlier this week, Mr Noonan said previous efforts to control prices through stamp duty had…