May 2014 - Page 2 of 3 - MyHome.ie Advice & Blog

O'Donnellan & Joyce to hold next auction on June 27th

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

O’Donnellan & Joyce auctioneers will hold its next auction on June 27. Due to the success of its last auction the agent has received a huge number of enquiries from clients wishing to place properties for sale by public auction. Anyone with an interest in…

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Government to invest €35m in social housing

General, Home, Property News

The Government is to invest €35m to restore vacant houses and use them to accommodate families who risk becoming homeless. The housing minister Jan O'Sullivan has said the investment will mean over 1,700 extra properties will be available for social housing in the next few…

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Permanent TSB say mortgage arrears are below the peak

General, Home, Mortgages & Money, Property News

In a trading statement ahead of its annual shareholder meeting today, Permanent TSB says total mortgage arrears are now 10% below peak levels hit last year. The number of mortgage approvals is up 80% so far this year compared to the same period last year,…

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Social housing waiting lists up by an average of 42%

Uncategorized

The number of households seeking council houses has risen dramatically across the State, with local authorities reporting an average increase of 42 per cent in waiting lists since last year. The largest increase identified was in Roscommon, where the number of households on the housing…

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NAMA sells Ireland's tallest residential building

Commercial Blog, General, Home, Industry News, Mortgages & Money, Property News, Property Picks, The Investor, The Overseas Investor

Ireland's tallest residential building, the Elysian Tower in Cork, has been sold by NAMA. It was part of Project Tower, a portfolio of loans secured on properties controlled by the O'Flynn Group. The portfolio has a face value of €1.8 billion. NAMA refused to disclose…

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Carlow Property Management wins Digital Boost contest

General, Industry News, The Renter

Carlow Property Management are the latest winner in Eircom’s Digital Boost competition, representing the first winner from the property sector. The Digital Boost initiative enables organisations to ‘boost’ their digital presence with a package worth €10,000 which includes a free business app, a free unlimited…

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First-time buyers in Dublin spend 24% of net income on mortgages

Mortgages & Money, Property News

The annual cost of a mortgage for first-time buyers has risen again in Dublin but remains stable outside of the capital, according to the latest EBS/DKM quarterly affordability index. The index measure the proportion of after-tax income is required to meet the first year's mortgage…

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Another ECB rate cut on the cards

General, Home, Mortgages & Money, Property News

The European Central Bank is preparing a package of policy options for its June meeting, including cuts in all its interest rates and targeted measures aimed at boosting lending to small and mid-sized firms (SMEs). According to Reuters news agency, five people familiar with the measures being…

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Government unveils €200m stimulus package for construction sector

Building, General, Home, Mortgages & Money, Property News

The Government has announced of a package of measures aimed at stimulating activity in the building industry. Taoiseach Enda Kenny said the central aim of the strategy was to triple housing output by 2020, and at the same time create 60,000 jobs in the sector.…

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Allsop Space records private treaty sales of €8.6m

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

Allsop Space has revealed that its private treaty initiative has yielded nine property sales worth €8.6m, with a further 25 properties worth €14.9m sold via its Private Treaty to Auction option. The business was launched in September 2013, marking a first for Ireland. It works…

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