Property prices keep rising despite a slew of interest rate hikes
The government’s Shared Equity Scheme for first-time buyers could be extended to secondhand homes Property prices continued to increase in July, buoyed by strong demand for first-time buyers and a lack of supply. The price of property is up despite a slew of mortgage interest rate rises. Prices were up 1.5% in the year to […]
Buy-To-Let: A Beginner’s Guide
1. Do Your Research Entering the Buy-To-Let market, especially at the moment, is a big commitment. Before you take the plunge, make sure your money wouldn’t perform better elsewhere. If you are ready, however, then make sure to do your research before investing. Investing in property has been remarkably profitable for some, but it is […]
5 Ways for Landlords to Maximise Rental Yields – Copy
While Ireland (Dublin in particular) has one of the top rental yields in Europe, most Landlords struggle to breach an average of 3.9%. Here are our 5 tips for landlords to help maximize their rental yield.
Around 60,000 vacant properties to benefit from new property tax
The scheme’s primary focus is to ease pressures being applied by the lack of available/inhabitable properties. But there are concerns that it will cost administrators more than what it will take in. Vacant Homes Tax Aims to Increase Housing Availability In an effort to increase housing availability, the government will implement a new tax on […]
Commercial Building Vacancy Rate Hits Record High of 14.1%
The national commercial building vacancy rate in Ireland has reached a record high of 14.1%, representing an increase of 0.2% over the last 12 months up to July 2023. According to a new report by GeoDirectory, there were 29,798 vacant commercial units across the country in June 2023, which is 557 more than the previous […]
Rents Continue to Rise for New Tenants According to Latest Figures
Rents for new tenants in Ireland continued their upward march in the first three months of 2023, according to the latest data from the Residential Tenancies Board (RTB). The RTB’s Rent Index, which tracks rents for newly registered tenancies, showed the average monthly rent nationally rose to €1,544. This represents an increase of 8.8% compared […]
New tax breaks for smaller landlords
The Irish government plans to unveil tax incentives for small landlords in the upcoming budget in an effort to retain rental housing supply, Finance Minister Michael McGrath announced Monday. With rising interest rates driving landlords out of the market, the government aims to bring stability through measures that balance landlord retention, increased construction, and tenant […]
Vacant Property Refurbishment Grant | Property Guide 2023
Have an old, vacant property in Ireland that’s in need of repair? Don’t let it go to waste – with the government’s Vacant Property Refurbishment Grant, you can transform unused properties into vibrant, occupied spaces again. This grant program provides up to €30,000 in funding to cover 95% of essential renovation costs for properties vacant […]
14,000e rent-a-room scheme to be extended to landlords
The government is considering extending the rent-a-room initiative to include not all landlords. The scheme was created to alleviate the housing shortage. The initiative, allows homeowners to rent a room out in their property without paying tax on the first 14k of rental income. This scheme has seen an uplift across Ireland which in turn […]
Landlord Tips: Property Inspections
As a landlord, it’s important to conduct periodic inspections of your properties throughout each tenancy to ensure the condition of the interior and exterior of the units are in good order and also to see if your tenants are complying with their lease agreement. One of the main reasons to inspect your properties is to […]
