Category Archives: Home

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€331m worth of mortgages issued in first quarter of 2013

Mortgages to the value of €331m were issued during the first quarter of this year, new figures show. This compares to €999m worth of mortgages issued in the last quarter of 2012 and €450m worth in the first quarter of last year. The Irish Banking Federation/PwC Mortgage market profile shows that 2,068 new mortgages were [...]

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Tax refund enquiries up 10% this year

This year could be a bumper one for applications for tax refunds as people look to claw back money from the taxman in the wake of the household charge and the local property tax (LPT), according to Taxback.com. In the first quarter of this year, tax refund inquiries are up approximately 10pc on the same [...]

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Labour TD for Cork South-West, Michael McCarthy

Call for mortgage appeals to be publicised

Labour TD for Cork South-West, Michael McCarthy, has said there is a need to publicise the number of mortgage appeals that are being approved or refused by State-owned banks. Mr McCarthy said: “People have a right to know if State-owned banks are turning over a healthy number of appeals or if they are refusing them. [...]

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Homeowners will be allowed to move and keep their tracker mortgage

Homeowners will now be able to move house without having to give up their low interest tracker mortgages. Trackers are linked to the rate set by the European Central Bank, which currently has an historically low rate of 0.5%. With 375,000 homeowners currently on tracker mortgages, many are reluctant to move for fear of losing [...]

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D4 home sells for €500,000 above its reserve price at auction

A house in Dublin 4 has sold for €500,000 above its €1.6m guide price. 46 Wellington Road sold yesterday for €2.1m – making it the highest price paid for a home at auction this year. The Ballsbridge house was bought yesterday by a family which plans to restore it to a family home. Both the [...]

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property tax

More than half of those liable have now paid property tax

Over 845,000 Local Property Tax (LPT) returns have been filed to date, according to new data released by the Revenue Commissioners. Their latest information shows that as of yesterday 845,427 homeowners had filed returns. That is roughly half of the estimated 1.6 million homes liable for the property tax. The number paying the tax has [...]

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€13m for Eyre Square site

The Irish Times reports that a consortium headed by the wealthy Galway developers Brian and Luke Comer has bought a substantial redevelopment site fronting on to Eyre Square in Galway for slightly over €13 million. Aidan Gavin of DTZ Sherry FitzGerald handled the sale of almost two acres known as the Odeon site for receivers Kieran Wallace and Patrick Horkan of KPMG. The [...]

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Colm O’Donnellan of O’Donnellan & Joyce

O’Donnellan & Joyce prepare for biggest ever auction tomorrow

  O’Donnellan & Joyce will hold the biggest property auction ever held in the west of Ireland when 32 properties go under the auction hammer tomorrow. According to Colm O’Donnellan of O’Donnellan & Joyce there has been tremendous interest both locally, nationally, and internationally in relation to this forthcoming auction, as there is such a [...]

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Over €12m raised at Allsop Space auction

Just over €12.1m was raised at today’s Allsop Space auction in the Shelbourne Hotel in Dublin. A total of 125 lots were registered for the second auction of the year with 96 selling on the day for a sum total of €12,105,500. Two further lots sold prior to auction. The biggest sale of the day [...]

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Lough Erne Resort on the market

The venue for the G8 world leaders summit next month, the five-star Lough Erne Resort in Fermanagh, is back on the market with a price tag of £10 million. The resort had initially been put up for sale last year on the instructions of the joint administrators appointed to parent company Castle Hume Leisure in May 2011. However, last [...]

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