Author Archives: The MyHome Newsdesk

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Almost 16,000 mortgages issued so far this year

Almost 16,000 people have taken out a mortgage to date this year as an increasing number of people look to get on the property ladder. On average, 2,574 mortgages were approved in each of the summer months of June, July and August — 92% of which were for house purchases. This degree of lending represents [...]

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RevenueLogo

3,600 homes valued at more than €1m

Two out of every three homeowners did not accept the values suggested by the Revenue Commissioners for the purposes of the residential property tax. Almost a quarter said their apartments or houses were worth less than €100,000. Revenue had expected 15 per cent of properties have such valuations. On average, the values returned to the [...]

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MyHome Logo_Blue

Industry complaint upheld by ASAI

An industry complaint has been upheld against property website Daft.ie. The complaint arose after MyHome.ie brought to the Advertising Standards Authority for Ireland’s attention that Daft.ie could not state it was “1st for buying, selling and renting” in certain locations as part of its outdoor poster campaign. The locations involved included Bray, Dublin 2, Dun [...]

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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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