Leo Varadkar Archives - MyHome.ie Advice & Blog

Could uncertainty over the future of the help to buy scheme drive up house prices even more?

New leadership often brings about new ideas and the recent elevation of Leo Varadkar to Taoiseach could have a big impact on the housing market in the months ahead. After replacing Enda Kenny, one of the new Taoiseach’s first tasks was deciding his new Cabinet…

General

Eoghan Murphy appointed new Housing Minister

Blog, General, Home, Industry News, Market News, Property News

Eoghan Murphy has been appointed the new Minister for Housing, Planning and Local Government. The 35-year-old Dublin Bay South TD was new Taoiseach Leo Varadkar’s campaign manager in the recent Fine Gael leadership race. He was previously junior minister at the Departments of Finance and…

General

Help to Buy scheme could be axed by Varadkar

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

The first-time buyer grant could be facing the axe just six months after it was introduced. Fine Gael leadership frontrunner Leo Varadkar yesterday vowed to abolish the Help to Buy scheme if it proves to be inflating prices. Announced in last year’s Budget the Help…

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Rent supplements and housing assistance payments to increase

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

The Government has approved an increase in rent supplement and housing assistance payments by as much as 35%. It will cost up to €55m extra in a full year. The move has been welcomed by Sinn Féin but the party has said they want to…

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Government considering plans to tax banks if they refuse to cut variable mortgage rates

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

The Government are considering plans to impose higher levies and taxes on banks if they refuse to cut variable mortgage rates, Tánaiste Joan Burton has warned. Health Minister Leo Varadkar also strongly hinted the Government will have to act if the banks do not move…

ESRI expert warns about implications of housing shortage

Building, General, Home, Industry News, Mortgages & Money, Property News, The First Time Buyer

Young people will end up living with their parents until they are 35 unless the housing supply increases, Economic and Social Research Institute research professor John FitzGerald has said. “We need to go back to building 25,000 houses per year or all the young people…

Number of homes being built in Dublin "needs to treble"

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

The number of family homes being built in Dublin needs to treble in order to meet pent-up demand, Transport Minister Leo Varadkar has said. Mr Varadkar said the Government was likely to introduce further measures to stimulate the construction sector. But he said that housing supply must…

Waiver may apply for those unable to afford property tax

General, Home, Mortgages & Money, Property News

Minister for Transport Leo Varadkar has said people who cannot afford the property tax to be announced on budget day next week should be allowed to defer payment. The budget is not on the agenda for today’s Cabinet meeting but it will be discussed formally…

Property tax must not be an urban tax, warns Varadkar

General, Home, Mortgages & Money, Property News

Transport Minister Leo Varadkar has called for measures to be implemented into the property tax to avoid it penalising city dwellers. The new property tax is expected to be based around a percentage of a home’s value. However, with homes in major urban areas such…

IPAV insist value-based property tax would be "crazy"

Home, Industry News, Mortgages & Money, Property News

A leading auctioneers group have insisted that a value-based property tax would be “crazy”. Speculation grew at the weekend that the government would charge people for the property tax based on the value of their homes. This has since been denied as “premature” by Minister…