assessment

Rising property prices could see property tax bills increase next year

While rising property prices have been welcomed by those in negative equity or looking to sell, they could soon have an impact on all homeowners. Next year the value of your house in relation to the local property tax will be reassessed and with homes…

Average property tax estimated at €315

General, Home, Mortgages & Money, Property News

Latest estimates are putting the average property tax facing householders next year at around €315. According to newspaper reports this morning, the payment will range between €200 and €400 for most people, depending on the value of their property. Michael Noonan will be finalising details…

New property tax could be deducted from wages

Home, Mortgages & Money, Property News

The new property tax could be deducted directly from the wages of PAYE employees, according to reports in the weekend newspapers. It is understood the Revenue Commissioners will have the power to take the money directly from source, while self-employed workers will be required to…

Bank of Ireland's negative equity mortgages will allow homeowners to borrow up to 175% of what their new home is worth

Mortgages & Money, Property News

Bank of Ireland’s new negative equity mortgages will allow customers to take out new home loans that are almost double the value of their house. Up until now any negative equity mortgages offered to homeowners only allowed them to carry small amounts over to their…