Monthly Archives: March 2017

New homes construction reaches seven-year high

Construction of new homes reached a seven-year high in January, as developers look to capitalise on the Government’s Help to Buy by increasing their output. Latest figures from the Department of Housing show that based on electricity connections, some 1,244 … Continue reading

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‘Our dream home was lost to somebody with deeper pockets’ – First-time buyer couple on the online hunts, the viewings and the ruthless bidding wars

Who could have guessed that buying a house would be so little fun? Well… I suppose the answer is ‘everyone’, but when we started our hunt last November I really felt like we would be the exception. We scheduled our … Continue reading

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Over half in favour of empty homes tax – Peter McVerry Trust

New research by homeless charity the Peter McVerry Trust has found that 62 per cent of people are in favour of a tax on empty homes. The latest CSO figures show there are 198,000 empty homes, excluding holiday homes in … Continue reading

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Surge in home loan approvals as new lending rules kick in

The number of people approved for a mortgage shot up last month as new rules on lending and the Government’s help-to-buy scheme kicked in. A total of 2,861 people were approved to borrow to buy a home in January, up … Continue reading

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Apartments won’t go up until costs come down

The current shortage of homes for the sale and rental markets is not only causing serious hardship to those needing accommodation, it is also putting at risk our economic well-being and competitiveness, including threatening much-needed foreign direct investment. The shortage … Continue reading

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