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Property prices defy cost-of-living squeeze to rise 15.2%

Rising cost-of-living issues failed to dampen Irish property prices, which hit a seven-year high in March, with prices 15.2 per cent higher than a year earlier. That was fractionally ahead of the February rate of 15.1 per cent, a figure that was revised down from an originally announced 15.3 per cent.

Properties outside Dublin saw the most dramatic increase, with house prices 17.3 per cent up on the year and apartments costing 17.6 per cent more, according to the Central Statistics Office’s residential property price index.

The Border region featured the fastest growth, with properties costing 25.1 per cent more than in March 2021. The Mid-East region saw the lowest increase outside the capital, at 15.2 per cent.

Read the full details at 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.

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Landlords Take Note: Tenancies Must Now be Registered Annually with the RT

New legislation commencing today requires landlords to register their tenancies with the RTB every year, within one month of the anniversary of when the tenancy began.

Annual registration allows the RTB to gather more accurate and detailed tenancy and rent data, ensuring more effective regulation of the rental sector.

RTB has developed online resources to support landlords, Approved Housing Bodies and property professionals during this transition.

Read the full details at RTB

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.

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Concerns rise on viability in building sector

Concerns around the viability of many construction projects in Ireland are increasing due to rising materials costs and staff shortages and, now, the impact of war, according to the Society of Chartered Surveyors in Ireland (SCSI).

Respondents to an industry survey carried out by SCSI identified the viability of projects as the main issue contributing to difficulties in raising development finance in the current environment.

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.

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Labour and material shortage may impact retrofit scheme

The Government’s push to get hundreds of thousands of homes retrofitted has become more urgent, as the cost of fuel rises and the clock ticks down on climate action targets.

It is working on boosting demand for retrofitting and a new package of supports for householders is expected in the next few days.

However, supply of both materials and workers could become an issue if demand takes off.

The Sustainable Energy Authority of Ireland estimates 17,000 workers will be needed for the planned programme of retrofitting 500,000 homes by 2030.

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.

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Happy Christmas from ABL Surveyors

We would like to wish all of our clients and many customers a Happy Christmas and a Prosperous New Year and look forward to working with you all in 2022

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Recovery of construction continues despite sharp rise in prices

Index figures show continuation of strong growth through middle of the fourth quarter Construction’s recovery continued its momentum last month, despite sharply rising prices, figures published on Monday show.

House and commercial building grew along with big civil engineering projects in November, according to the Ulster Bank construction purchasing managers’ index (PMI).

The index returned an overall reading of 56.3 for the month, slightly behind the 56.9 recorded in October.

Any figure above 50 means that construction expanded on the previous month, while any number below that shows that it shrank.

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

 

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Buying a house: should we play it safe or go for it

We have been looking to buy a house in south Dublin for some years now. We have recently found a house in a great location. It’s ideal in terms of affordability, location, orientation and connectivity. It’s just that the house size (104 square meters) is a bit small for our long-term use.

We are a married couple and want to grow the family. We think we might outgrow this house in the next 10 years.

It’s very difficult to even get a viewing/booking opportunity in these times too in the south Dublin area. If we let go of this house, there’s no guarantee that we will be able to get hold of a house in this location even after an increased budget because of the limited supply and increasing house prices.

Considering all the above factors, should we compromise on house size now or should we wait, save more, increase our budget to buy a larger home in this location?

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

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Surge in home purchases despite lockdown restrictions

RESTRICTIONS on viewing properties have failed to dampen activity in the housing market.

The third lockdown means buyers have had to resort to virtual viewings when seeking a home.

There were more than 13,100 homes bought in the first three months of this year compared with the same quarter last year.

This is an extra 1,400 home purchases, and is despite buyers not being able to physically view properties they are considering buying.

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

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Covid-19 crisis likely to make home-buying more exclusive

The Covid-19 crisis has made home-ownership more of a priority for some people but financially more difficult for others, a survey by KBC Bank Ireland has indicated.

As part of its November consumer sentiment survey, the lender asked a number of supplementary questions regarding the impact of Covid-19 on housing demand.

More than a fifth of people (21 per cent) said the pandemic had increased the importance of living space for them, as opposed to 14 per cent who said it had not. The remainder were unchanged or did not know.

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 quot

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New home completions down nearly 10% in third quarter

The number of new homes completed in the third quarter fell by 9.4 per cent as the slowdown in construction from Covid-19 continued to bite.

The figures from the Central Statistics Office (CSO) show there were 5,118 new dwellings completed between July and the end of September, compared to 5,652 in July-September 2019. The year-on-year reduction, however, was less pronounced than in the second quarter when the initial lockdown to curb the spread of the virus halted construction on most building sites.

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