Categories
Surveying

Property prices rise by 6pc as prospect of rate cuts fuels demand for houses

The possibility that interest rates have peaked and are set to fall has been cited as one reason for the pace of property price rises picking up.

Prices surged by 6.1pc in the year to February, with the continual rises making affordability for buyers a huge issue.

The February increase was larger than the rise of 5.4pc in the year to January, according to the Central Statistics Office (CSO).

This means the pace of property price rises has picked up, and it was the sixth month in a row of prices rising nationally.

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 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.

 

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

Help-to-Buy and First Home schemes ‘fuelling rising prices’ of new houses

Government policies have been cited as the main reason the cost of new houses is rising faster than those of second-hand homes.

Prices of new houses shot up by 10pc in the last three months of last year compared with the same period in 2021.

This is despite rising mortgage rates and new buyers being given smaller home loans as inflation eats into their repayment capacity.

Second-hand house prices were up 8.3pc last year, according to the Central Statistics Office (CSO).

The increase in the cost of new homes accelerated in the last quarter of last year. In the three months to December, new house prices were up 3.5pc compared with the previous quarter, when apartments were excluded.

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 Dublin Extensions And Conversions Home Improvements Real Estate Surveying

New Loft Conversion Guidelines Published

The Department of Housing, Local Government & Heritage published new loft conversion guidelines document. This document highlights the principal issues (including fire safety) that need to be addressed when converting an attic / loft roof space in an existing dwelling house.

Read the full details at Gov.ie

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

Apartment & Duplex Building Defects Survey Launched

A series of online surveys are being launched by the Working Group to Examine Defects in Housing. The Minister for Housing, Local Government and Heritage, Darragh O’Brien, TD, established the group to examine defects in housing.

The Working Group will use the survey responses to inform its report on the nature, scale and difficulties arising from discovery of such defects. It will also provide information on the costs and levies associated with remediating defects.

he Programme for Government sets out a number of commitments in respect of the important policy area addressing building defects. It commits to an examination of defects in housing, having regard to the recommendations of the Joint Oireachtas Committee on Housing’s report, “Safe as Houses ?” . Housing for All, the Government’s national plan on housing to 2030, reiterates this commitment.

In this context, the Minister for Housing, Local Government and Heritage, Darragh O’Brien, TD, has established a Working Group to Examine Defects in Housing.

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, 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
Real Estate

House prices forecast to rise by 5% as supply struggles to meet demand

Property prices are expected to rise by about 5 per cent this year as supply shortages, pent-up demand and pandemic savings continue to drive activity, according to a survey of estate agents.

The Society of Chartered Surveyors Ireland (SCSI) said 90 per cent of 189 estate agents surveyed in December expect property prices to increase this year, ranging from a 5 per cent advance in Dublin, Leinster and Munster to a 7 per cent increase in Connacht and Ulster.

The most significant factor affecting house price increases, they say, is “the lack of supply of new housing to the market to meet growing demand”.

The majority (80 per cent) of agents who expect prices to rise believe it is due to market factors, primarily the lack of supply of new and existing homes, while 13 per cent attributed it to economic factors.

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, 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

House prices growing twice as fast outside cities in Covid exodus

Workers are still looking to move away from the cities despite the easing of Covid restrictions and the return of office life.

The trend of home buyers moving to rural locations, that began in lockdown, is now snowballing rather than slackening off.


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 Dublin Extensions And Conversions Home Improvements Real Estate Surveying

Covid-19 and housing crisis drive demand for better rental properties

At a time when housing market concerns are top of the agenda, the findings of Knight Frank Ireland’s research into the preferences of the occupiers of rental accommodation give some interesting insights into both renter preferences and to the evolving requirements facing the development sector.

Investor demand for assets in the private residential sector gathered more momentum in 2021, making up 50 per cent of total investor spend in the second quarter. The demographics and the economic profile of Ireland indicate that demand for residential assets is set to remain competitive, making the preferences of the end users critical when making investment decisions.

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, 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

Property prices rise at fastest pace in two years

PROPERTY prices have risen again, piling more pressure on people trying to purchase their first home.

March saw prices rise at their fastest pace in two years. Potential first-time buyers are already being hit by soaring rents and stagnant wages. The latest figures from the Central Statistics Office show that property prices rose again in March.

A chronic shortage of homes to buy and pent-up demand from those with pandemic savings is pushing up prices. Prices of houses and apartments rose by 3.7pc nationally in the year to March, as the market accelerated further.

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 Dublin Extensions And Conversions Home Improvements Real Estate Surveying

Irish house prices forecast to rise by 4% as supply struggles to meet demand

Irish residential property prices, which remained resilient during the Covid-19 shock last year, are set to rise by an average of 4 per cent in 2021 as supply shortages continue to prop up valuations, according to a survey of chartered surveyors.

The Society of Chartered Surveyors Ireland (SCSI) found that two-thirds of 250 chartered agents surveyed in December expect property prices to increase this year, ranging from a 3 per cent advance in Dublin to 6 per cent growth across Connacht and Ulster.

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, 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