Monthly Archives: November 2014

Thousands of rented homes in capital found to be substandard

A major report by the country’s largest local authority has uncovered extensive health and safety issues facing tenants. Environmental experts inspected more than 5,000 homes in Dublin’s North and South Inner City and found that over 60pc required remedial works. … Continue reading

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Mortgages surge expected ahead of loan crackdown

Mortgage experts are predicting a surge in mortgage applications in the run-up to Christmas as would-be buyers race the clock on new Central Bank proposals to curtail lending. The Central Bank last month unveiled plans to cap mortgage lending from … Continue reading

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No point building houses if mortgage rules are too severe

Loan to value (LTV) ratios are the talk of the town at the minute thanks to the Central Bank’s decision to publish new rules for lenders around home loans. To recap, the regulator has proposed that from January 1st borrowers … Continue reading

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Home buyers ‘will get risky loans to beat mortgage cap’

Bank of Ireland boss Richie Boucher warned of potential unintended consequences of the controversial lending cap, which the Central Bank is planning to introduce next year in a bid to cool the rising property market. He said many house hunters … Continue reading

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One in five buyers believes they can borrow more than Central Bank limit

Nationally, the number of residential and commercial property transactions will hit 50,000 over the next 12 months. The findings are from a major study of property buyers commissioned by Allsop Space auctioneers. The research, based on a survey of buyers, … Continue reading

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More house hunters buying at auctions

More and more house hunters are looking to auctions to secure their first home, according to a company that, up to now, has mostly been dealing with distressed properties and those that are the subject of forced sales. “Our firm … Continue reading

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