2016 - MyHome.ie Advice & Blog

Residential property prices rise 7.1% in the year to October

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

Residential property prices nationwide rose by 7.1% in the year to October, new figures from the Central Statistics Office show. The CSO said this compares to growth of 4.4% the same time last year. Dublin property prices increased by 5.5% in the year to October,…

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General

The most viewed properties on MyHome.ie in 2016

Blog, General, Home, Market News, Promoted, Property News, Property Picks, The Seller

You don’t necessarily have to be looking to buy or invest in a property in order to have a look through it. Thousands of people visit MyHome.ie every day just to check out what is on the market and pick out their dream home. With…

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General

Plans for rent cap could be scrapped

Blog, General, Home, Industry News, Market News, Mortgages & Money, Property News, The Renter

Plans for a cap on rent increases could be scrapped this afternoon, just two days after being published. According to reports, Fine Gael is set to abandon the idea unless Fianna Fáil agrees to set the cap at 4%. Fine Gael says it won’t back…

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Landlords

New plans announced to limit how much landlords can increase rents by in designated areas

Advice, Blog, General, Home, Industry News, Landlords, Market News, Promoted, Property News, Rentals, Renters, The Renter

Housing Minister Simon Coveney yesterday announced plans to limit how much landlords could increase rents by in designated areas of Dublin and Cork. The strategy sets out a range of measures under the headings of Security, Supply, Standards and Services which will address both immediate…

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General

Dublin and Cork could be designated rent pressure zones under new plans to prevent rent increases

Blog, General, Home, Industry News, Mortgages & Money, Property News, The Renter

Minister for Housing Simon Coveney is bringing proposals to Cabinet which would limit how much landlords could increase rents in designated areas for a certain period. It is planned that the limits will first be introduced in Dublin and Cork city. Both cities will be designated rent…

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General

Pay-by-weight bin charges idea to be abandoned

Blog, General, Home, Mortgages & Money

Plans to introduce pay-by-weight bin charges from next month have been abandoned, according to reports. Communications Minister Denis Naughten is to tell the Cabinet today that a system which charges per kilogram of waste dumped is "inflexible" and will not work. The issue caused huge…

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Buy & Sell

First-time buyers’ deposit scheme to go live on January 3rd

Advice, Buy & Sell, Buying

First-time buyers hoping to complete the purchase of their first home in 2017 will be able to apply for their 5 per cent tax rebate as early as January 3rd, the Revenue Commissioners have said. But with the launch date rapidly approachly, putative property buyers…

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General

Should non first-time buyers have been helped in Central Bank amendments?

Blog, General, Home, Mortgages & Money, Property News, The First Time Buyer, The Seller

The new Central Bank mortgage rules coming into effect in the New Year should prove a welcome relief for first time buyers. Whereas presently they require a 10% deposit on the first €220,000 of a purchase, they needed a 20% deposit for the remainder of…

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General

A fifth of people in Ireland now live in rented accommodation

Blog, General, Home, Market News, Property News, The Renter

The rise in monthly rents in Dublin has slowed but a wide gap remains between the cost of renting a home in the capital and the rest of the country, latest figures for the private residential property market show. Quarterly figures compiled by the ESRI,…

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