New Electricity Levy on household bills: Is it fair?

New Electricity Levy on household bills: is it fair?An electricity levy that was previously suspended in 2007 has been revived and will now be imposed on all electricity customers come this October. The new levy will see an increase in electricity prices of up to 5% and plans to raise €156 million in order to improve the security of energy supply and for the development of renewable energy.

Leo Varadkar, the Fine Gael spokesman on energy said “Consumers and businesses are going to have to pay the bill for Eamon Ryan’s green energy revolution and his unwillingness to squeeze the ESB.” The Labour Party described the increase as… Read More »

Lights, Camera, Action: Top developers plan new complexes

Lights, Camera, Action: Top developers plan new complexesThree of Ireland’s top leading developers; McNamara, Treasury Holdings and The Bailey brothers’ of Bovale Developments have all outlined plans to develop cinema complexes at ‘key sites’ in the capital. In the current “climate” it would not be a surprise if some questioned and raised an eyebrow on hearing about their plans; are they totally barmy or very optimistic?

So who wants to build what and where?Read More »

Tracker Mortgages: Financial Regulator tells off banks

Financial Regulator tells off banksAfter some digging by the Financial Regulator he found that not all lenders have been clear and upfront with their customers about the consequences and possible costs of switching from a Tracker to a variable or fixed rate mortgage.

As a result, the regulator has told lenders that they must show customers the difference in monthly repayments between the tracker rate and other mortgages rates, and the advantages and disadvantages of the various rates being offered. Not only that but banks have also been told that they need to warn and notify their customers clearly that they may not be able to switch back to their Tracker mortgage when being offered other rates.

Follow this, the regulator also said that he is… Read More »

Estate Agents: Reasonable, transparent & obliging?

Estate Agents: Reasonable, transparent & obliging?

  • Is your perception of estate agents positive or negative?
  • Are estate agents fees reasonable?
  • Do some agents over-value properties?
  • Should agents be more tightly regulated by the law?

MyHome.ie is conducting a short survey to find out about your experience and opinions of Estate Agents. By completing our survey (which will take less than 5 minutes!) you’ll be in with a chance to WIN a fantastic iPod Touch!

Estate Agents: Reasonable, transparent & obliging? Let us know what us think by completing the MyHome.ie Estate Agent survey.

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Synthetic Grass for your back garden?

Synthetic Grass When you hear the words synthetic grass it wouldn’t be a surprise if astro turf and the game of soccer were the first things to spring to mind. While its common knowledge that astro turf is widely used in the commercial market it’s now starting to make headway into the residential market as an alternative option to traditional garden grass.

For many the very idea of replacing a natural lawn with synthetic or artificial grass would probably be greeted with plenty of cynicism and derision. However… Read More »

Sale price database: Will it provide much needed transparency?

Sale price database: Will it provide much needed transparency?Minister for Justice Dermot Ahern announced earlier this week the long awaited initiation of a property sale price database that will be used to monitor market trends, house prices and ultimately create much-needed transparency in the property market. “I am very aware of the need for reliable and up-to-date data on house prices and other property,” he said.

Although the news has been welcomed by many organisations and agents who say the planned database would be of benefit to individual buyers and sellers as well as to agents and would provide an accurate picture of the market, the news has been met with mixed feelings by… Read More »

Irish Holiday Rentals: Best Counties + Value for Money!

Irish Holiday Rentals: Best Counties + Value for Money!Dare we mention that the back to school madness is already nearly upon us once again! However the summer holidays are not over just yet and there is still plenty of time to head away for a few days before we all settle back into routines for another year.

If you are thinking of holidaying in Ireland MyHome.ie is on hand with new research of holiday home rentals in Ireland detailing the most popular holiday destinations in the country AND also which counties offer that best value for money. Kerry tops the poll as the most popular destination for self-catering “Staycationers”, Galway follows close behind in… Read More »

Property Market Clarity: Sale Price Database initiated

 Property Market Clarity: Sale Price Database initiated Justice Minister Dermot Ahern announced yesterday that under new legislation a database of property sales prices for both residential and commercial property is to be set up and made available to the public in order to (finally) provide transparency about what is going on in the housing market. The news has been welcomed by many organizations, agents and punters saying the planned database would bring much-needed and overdue clarity to the property market.

The responsibility for publishing the data will fall on the… Read More »

Bright Ideas for your garden: LED Lighting

 Bright Ideas for your garden: LED LightingGarden lighting is quite a handy way to ensure safety and add security around your house but garden lighting doesn’t have to just be there for “serious” reasons and there is definitely no need for it to be boring! Along with security and safety, garden lighting is a great way to highlight particular features of your outdoor space, showcase trees and lawn décor, illuminate pathways. Not only that but outdoor lighting is also easy way to create ambiance and add atmosphere to your garden which is especially great when you want to sit out and make the most out of those long summer evenings with BBQs and outdoor parties! Read More »

PSO Levy is Back: Electricity Price Hike seems imminent

PSO Levy is Back: Electricity Price Hike seems imminent  Minister for Energy Eamon Ryan and The Commission for Energy Regulation have come under fire from many parties, punters and businesses with the announcement / realization that electricity bills are to rise come October.

The electricity price hike is due to a Public Service Order (PSO) levy, a levy that was suspended in 2007. But, the levy is back and plans to raise €156 million euro to support and subsidise peat and renewable energy generators in the country – which all sounds well and good in the long run, however we are left shouldering the brunt of the Minister’s bill for his “green energy revolution and unwillingness to squeeze ESB” commented Leo Varadkar, the Fine Gael spokesman on energy. The levy will mean that householders will pay an extra €32.76 a year on their bills, while electricity bills of small and medium-sized businesses can expect an added €99.03.

Not only that but the levy will be introduced as a flat rate hike i.e. all electricity users will pay the same rate regardless of consumption… “A granny living on her own using very little electricity will pay the same amount as somebody who leaves their boiler on all day,” added Varadkar.