Change To Mortgage Lending Rules Badly Needed
The Central Bank has been warned this week that rules regarding mortgage lending need to change in order to help buyers afford a property. Current regulations on lending are some of the strictest in the EU and we also enjoy one of the highest interest rates on repayments. Chief Executive of the Institute of Professional […]
Supply Still A Long Way Off Meeting Demand
More bad news for first-time buyers as a recent forecast from the Banking and Payments Federation Ireland (BPFI) says it doesn’t see supply catching up with demand until 2024 at the earliest. Over the last few years, house prices have risen to near Celtic Tiger levels with the average price of a home in Dublin […]
Maximum of 2 months rent in advance for renters under new legislation
Earlier this week the government signed off on proposals that ensure nobody renting a property in Ireland will have to hand over any more than 2 times their monthly rent when entering into a rental agreement. Under the new legislation, which will be made law this year, tenants will only be required to supply a […]
Common Causes Of Stress For Landlords
Letting out property can be demanding and difficult at times, but what exactly do landlords find most stressful? A recent survey of over 20,000 landlords conducted by LettingaProperty.com has given some wonderful insight into the most stressful aspects of being a landlord. Finding good tenants 73% of landlords surveyed have said that finding good and […]
Changes To Local Property Tax
Big news this week for the property market as homeowners are now given the task of valuing their properties under new legislation kicking in in November this year. Changes to Local Property Taxes means Revenue has been tasked with closely monitoring home valuations and placing their trust in property owners to assess the value of […]
New Campus Style Approach To The Irish Office Space
Over the last 12 months, which saw the vast majority of office space vacated during the pandemic restrictions, investors in the office space property market were rightly concerned that their properties would never fill up again with so many employees now working from home. While this is now becoming a reality as companies start to […]
How To Calculate Your Return On Investment On A Property
Investing in property has turned out to be one of the most lucrative and safe investments people can make. With so many benefits like a monthly cash-flow and tax advantages, it also allows you to increase your wealth, enabling you to save for retirement or other events. Despite the seemingly endless technical jargon and paperwork […]
Peloton brings another boost to the County Cork office sector
More great news for the County Cork office sector as fitness giant ‘Pelaton’ has decided to take up to 70,000 Sq Ft of office space in the city. This adds to an already positive outlook for the area which is already home to the likes of Apple, Amazon and most recently Facebook, who have been […]
Is it a good idea to buy a holiday home as an investment?
As the country begins to re-open many of us are eager to get a break away from our busy lives and have a relaxing few days on holiday. While foreign holidays may still be off the cards it seems holiday homes in Ireland could now be the craze as people begin to realise just how […]
More positive news for the office sector
There is more great news for the office sector here in Ireland this week as Chinese based social media giant Tik-Tok has committed to renting the entire 210,000sq ft Sorting Office in Dublin’s Docklands for 15 years. The move will see the company have over 2000 new staff members move into the Mapletree Investments owned […]
