Author Archives: The MyHome Newsdesk

CSO

Property prices up 14.9% year on year

Residential property prices increased again last month, according to new figures from the Central Statistics Office. The CSO figures show that national prices were 14.9% higher in August compared to August 2013 – the 15th annual increase in a row. Residential prices across the country rose by 2.3% in the month of August compared to [...]

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rental costs

Four-fifths of potential home buyers stuck in rental trap

Some 80pc of potential first-time home buyers are stuck in a rental trap and can’t get the mortgage they need to get on the property ladder, according to new research from Genworth Financial. The research, conducted by Ignite Research, also found that first time buyers are placing a continuing reliance on their parents to help [...]

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Amendment to Price Register analysis

MyHome.ie has been alerted to an error in its recent analysis of the Property Price Register transactions for Dublin 6 for the first half of this year. Due to a data retrieval error transactions for this postcode area were overstated by 178. The correct number of transactions for D6 over this period was 168 and [...]

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The inside of the new office

Lisney open new Leeson Street office

After a long wait, Lisney is delighted to announce the opening of its new residential office at 103 Upper Leeson Street. Heading into the city centre on the N11, it is the first building on the divide between Leeson Street and Sussex Road. It is directly opposite the Double Tree by Hilton Hotel (former Burlington) [...]

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MyHome MyWorld campaign launches today

A new fully integrated campaign of activity gets underway today supporting MyHome.ie, Ireland’s leading property website. The ‘MyHome MyWorld‘ campaign features breath-taking images of properties filmed using a specialist Ladybug 5 camera delivering an imaginative 30 second MyHome.ie television commercial. This commercial is a world-first: using cutting edge street-view camera technology bringing six panoramic images [...]

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mortgage-arrears

Number of restructured mortgages nears 73,000

The country’s main six banks had agreed to a total of 72,819 permanent mortgage restructures by the end of June, the latest figures from the Department of Finance show. This represents an increase of 3,513 accounts since the end of May and 10,754 accounts since the end of March. The department also said that the [...]

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First time buyers are drawing down mortgages averaging €162,000

First-time buyers borrowing an average of €162,000

First-time buyers are now borrowing an average of €162,000 as mortgage lending hits its highest level in four years. Banks here issued just over 4,800 new mortgages in the second quarter of the year – up almost 50% on the same three month period of last year. First-time buyers accounted for around half of the [...]

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mortgage-title-003

Mortgage lending on the rise in Q2

Mortgage lending grew rapidly in the second quarter of the year, with both the number, and value, of loans reaching the highest level since Q2 2010. According to the latest IBF/PwC Mortgage Market profile for the second quarter of the year, the value of mortgages drawn down increased to €820 million, up by 58.4 per [...]

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Screen Shot 2014-08-12 at 10.14.02

New hassle-free online mortgage service

The mortgagestore.ie service is different to many others in the marketplace as it is a 100% direct option for customers. There are no branches. Instead, they use email, phone and text messages to update you about your mortgage application and also send you mortgage market news, facts and figures which may be of interest. In less than [...]

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Sales are increasing in the capital

Dublin needs 54,000 new homes over the next seven years

The Economic and Social Research Institute has said that tens of thousands of new homes are needed to meet demand over the next seven years. It said that by far the greatest number is required in the Greater Dublin area. The ESRI said that while there is a shortage of housing in the capital, there is a substantial [...]

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