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Development Land

Vacant property grant: €77 million paid to almost 1,500 homes

The Minister for Housing, Local Government and Heritage, James Browne has today published the latest figures relating to the vacant property refurbishment grant which show that, over €77 million has been paid out in relation to the refurbishment of 1,449 homes.

The figures – which outline applications, approvals and payments under the scheme up to the end of December 2024 – clearly show an exponential increase in the rate of grants issued to homeowners following completion of work.

As the scheme continues, more and more completions are coming on stream. In Q4 2024, 541 grants were paid out, a significant increase from Q3 2024, where 336 grants paid out, as well as on Q2 2024 (226 grants paid) and Q1 2024 (146 payments).

Overall, since the launch of the grant in July 2022, there have been 11,327 applications, 7,738 approvals and 1,449 grants issued up to 31 December 2024.

Under the vacant property refurbishment grant, you can receive a payment of up to €70,000 to turn a vacant or derelict house or building into your permanent home or a rental property. The grants are paid upon the completion of the works and the submission of the required paperwork demonstrating the work approved has been delivered.

Read the full details in the  Gov.IE

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey Report, Property Survey Report, Pre-purchase Survey, Apartment Survey, House Survey, Snag List, Condition Survey, Commercial Survey or Land Survey,) ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, Building Inspector or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk, Cavan and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote.

 

Categories
Development Land

South Dublin homeowner faces imprisonment or fine after retrofitting home under Government grant

A South Dublin homeowner is facing imprisonment or a €5,000 fine after being told to remove the external insulation installed on his home six years ago with the aid of a Government grant.

Clive Ryan spent €16,000 to have wraparound, external insulation installed on his home in Kilnamanagh in October 2018.

He received a €4,000 grant under the Sustainable Energy Authority of Ireland (SEAI) programme following completion of the works by registered One Stop Shop provider Churchfield Home Services.

The Programme for Government committed to ramping up its retrofitting targets to deliver more B2 BER rated homes and to provide improved grants for homeowners who wish to enhance the energy efficiency of their homes.

Read the full details in the  Irish Times.

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey Report, Property Survey Report, Pre-purchase Survey, Apartment Survey, House Survey, Snag List, Condition Survey, Commercial Survey or Land Survey,) ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, Building Inspector or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk, Cavan and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote.

Categories
Development Land

Property prices ‘to keep rising’ as shocking increase in cost of typical home in 10 years revealed

Property prices are expected to keep rising this year despite large numbers of buyers hitting affordability limits.

Latest figures show prices were up by close to 9pc in the year to last December.

The typical price of a home across the State is now €200,000 more expensive than in 2013, according to Central Statistics Office (CSO) figures.

Economist Austin Hughes said prices would continue to rise this year, but at a slightly slower place. He said a ­chronic shortage of supply would outweigh ­affordability issues for homebuyers.

“The irresistible force of limited supply is running into the immovable object of affordability limits, meaning prices continue to increase but at a gradually slowing pace,” Mr Hughes said.

The CSO’s Residential Property Price Index increased by 8.7pc in the 12 months to last December.

Read the full details in the Irish Independent

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey Report, Property Survey Report, Pre-purchase Survey, Apartment Survey, House Survey, Snag List, Condition Survey, Commercial Survey or Land Survey,) ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, Building Inspector or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk, Cavan and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote.

Categories
Development Land

Rising house prices force new home buyers to borrow €65,000 more than four years ago

Fewer people drew down mortgages last year, but those who did had to borrow more.

Figures from mortgage lenders reflect an acute shortage of properties.

New buyers are being forced to borrow around €65,000 more to secure a place than in 2020.

Forty-three thousand mortgages were drawn down in the last year, down 1.3pc compared with the previous.

This was the lowest annual volume since 2020, data from the Banking and Payments Federation Ireland (BPFI) shows.

Read the full details in the Irish Independent

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk, Cavan and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote.

 

Categories
Development Land

Eight out of 10 estate agents say house prices will rise this year, survey finds

The vast majority of estate agents expect property prices to increase this year – but they also believe prices will begin to level off soon.

About eight out of 10 estate agents who are members of the Society of ­Chartered Surveyors Ireland (SCSI) expect prices to increase by an average of 6pc this year.

This is up on the 4.5pc increase which SCSI agents forecast for the market last summer.

And the society said affordability is becoming a big issue, with the pace of property-price growth now higher than income growth in several regions.

This is especially the case in Dublin’s commuter counties, creating pressures for prospective buyers, SCSI vice-president Gerard O’Toole said.

Read the full details in the Irish Independent

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk, Cavan and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote.

Categories
Development Land

Relief for mortgage holders as ECB set to deliver fourth rate cut today – with more on the way

The European Central Bank (ECB) is due to deliver its fourth interest rate cut today in a move that is expected to boost the mortgage market.

A reduction of 0.25 percentage points is expected, and there may be another four rate cuts next year.

That would put extra pressure on ­lenders here to reduce new fixed and variable rates, and it would benefit tracker customers.

Mortgage rates here continue to fall, according to the latest data from the Central Bank.

This week’s ECB rate cut will be the fourth ­reduction since it increased rates 10 times up to September last year.

Up to a few days ago, there had been hopes of a 0.5 percentage point rate cut, but that is now off the table.

Read the full details in Irish Independent

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote.

 

Categories
Development Land

Fears property market is overheating after prices jump by 10pc in 12 months

oncern has been raised that the property market is overheating after prices surged again in August.

They were up by 10pc, the first time in two years that increases were in double digits.

Prices have risen now for 12 months in a row.

The European Central Bank (ECB) is poised today to deliver its third rate cut this year.

Figures from the Central Statistics Office (CSO) show prices increased by 10.1pc in the year to August.

Experts said it was the highest rate of annual increase since September 2022.

Read the full details in the Irish Independent

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote.

 

Categories
Development Land

Finance Minister Jack Chambers is urged to introduce rules to manage vulture funds

Finance Minister Jack Chambers has been called on to introduce rules to stop vulture funds acting in what has been described as an unfair manner with mortgage holders who are trapped with them.

Fianna Fáil TD Robert Troy said people whose loans were sold to vulture funds, and who cannot move lender due to having missed payments in the past, have been “thrown to wolves”.

He claimed funds won’t offer proper write-downs and instead are only offering token write-offs of debt for those unable to meet their repayments.

Close to 60,000 people are mortgage ‘prisoners’ of the vultures, unable to move to other lenders as they may have been in arrears in the past.

Read the full details in the Irish Independent

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote.

Categories
Development Land

Construction activity falls for fifth month in a row

Construction activity fell in November, new data from BNP Paribas Real Estate Ireland has found.

The fall in its Construction Total Activity Index is the fifth successive monthly drop.

The organisation says respondents blamed a slowdown in the economy, the completion of projects and delays in decision making at clients.

Activity slipped in all three categories it measures, with housing recording the largest fall since April.

“November saw sharp contractions in both commercial and residential activity,” said John McCartney, Director & Head of Research at BNP Paribas Real Estate Ireland.

Read the full details in the RTE News

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote.

 

Categories
Development Land Dublin Extensions And Conversions Home Improvements Real Estate Surveying

Buyers need to earn at least €128,000 to afford a new-build home in Dublin

he cost of building a typical family home has shot up in the last three years.

It now costs so much to build a standard three-bed semi-detached house in the Dublin region that buyers need a combined salary of at least €128,000 to afford it.

Surveyors have calculated that it costs €461,000 to deliver a three-bed semi in Dublin. This is up by €90,000 in the last three years, according to new research from the Society of Chartered Surveyors Ireland (SCSI).

It means the cost of construction has soared by 24pc.

The research shows construction inflation is biting hard for builders, due to higher material costs, rising energy prices and fuel costs.

The report, “The Real Costs of New Housing Delivery”, puts the cost of building a similar house nationally at €397,000.

Read the full details in the Irish Independent

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote.