NAMA may be used to control rising property prices

NAMA

The Minister for Finance said he has asked the National Asset Management Agency to see if it can use land it controls to temper rising property prices, particularly in Dublin. Speaking to the Oireachtas Finance Committee earlier this week, Mr Noonan said previous efforts to control [...]

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250,000 households to receive household charge letters

Revenue Commissioners chairman Josephine Feehily

Revenue Commissioners chairman Josephine Feehily has said thousands of people [...]

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More than 70 landlords in Dublin brought before courts for renting out substandard accommodation

Threshold

More than 70 Dublin landlords have been hauled before the [...]

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Terenure home an example of how BER can be improved

129 Mount Tallant Avenue

Building Energy Ratings became a big factor in how people [...]

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rate cut

Further ECB rate cut expected this summer

Tracker mortage holders could be set for another rate cut this summer. A report in today’s Irish Independent claims that the European Central Bank will be forced to reduce its key lending rate in June. That will mean cheaper repayments for the 375,000 people who have a tracker. The ECB rate currently stands at a [...]

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Activity in the construction sector is on the up

Construction industry expands in March by largest amount in over eight years

The construction industry expanded last month at the fastest pace since January 2006, according to the latest Ulster Bank Construction Purchasing Managers’ Index. New orders, job creation and industry sentiment all improved during March, according to the data, with the index’s topline reading rising four points to 60.2. Any reading over 50 indicates expansion. Where [...]

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It is still many peoples' dream to buy their own home

Demand for homes sparking mini-frenzy, but not quite a bubble

There has been a lot of talking up about the property market since the start of the year but Minister for Finance Michael Noonan tried to bring some calm to the situation earlier this week when he said there was no second bubble emerging. Perhaps he has a point. While urban areas such as Dublin, [...]

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The protestors at the Knight Frank offices yesterday

Protestors occupy Knight Frank offices in Dublin

A group of demonstrators occupied Knight Frank’s offices on Pembroke Street in Dublin yesterday afternoon. Protester Jerry Beades told RTÉ that up to 60 people from the umbrella group Friends of Banking Ireland occupied the company’s boardroom, hall and the front of the offices. Mr Beades said they arrived at 4pm and the company set up a meeting [...]

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Niall Quinn's home at Longstone Rath in Naas, Co Kildare

Niall Quinn’s home on the market for €2.5m

The home of former football star Niall Quinn and his wife Gillian has gone on the market for €2.5m. The six bed property at Longstone Rath, Fornaght’s Great, Naas, Co Kildare is for sale through Sherry FitzGerald O’Reilly in Naas. The Quinns built the home nine years ago in a location which is about a [...]

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Ulster Bank

Ulster Bank may allow retiree mortgage payments

Ulster Bank is applying for permission to allow some customers in arrears pay part of a split mortgage in retirement. Speaking at the Oireachtas Finance Committee, the bank’s chief risk officer Stephen Bell said it had applied for approval to the Central Bank for the new arrangement. He said they had not received any resistance from [...]

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