Category Archives: The First Time Buyer

A section of the crowd at Friday's auction in the Harbour Hotel

€3.6m in sales recorded at Galway auction

An estimated 600 people attended a bumper auction in Galway City, at which more than €3.6 million worth of property was sold. The O’Donnellan & Joyce auction last Friday saw a packed auction room in the Harbour Hotel, will potential bidders and onlookers flowing out into the corridor outside. A total of 28 properties in [...]

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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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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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Colm O'Donnellan of O'Donnellan & Joyce

O’Donnellan & Joyce to host the west of Ireland’s largest property auction

O’Donnellan & Joyce will hold the largest property auction held in the west of Ireland on May 17 in the Harbour Hotel, Galway, when 34 properties will be placed for auction and must be sold. The auction is expected to attract enormous local, national, and international interest. There is exceptionally good value on offer as [...]

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EBS to host mortgage information evenings

EBS is hosting free mortgage information evenings throughout the country this May. Experts will be on hand to give you all the mortgage advice you need to help make it happen for you and your family. Some of the topics that will be discussed include: the mortgage process, buying for the first time, trading up, [...]

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Houses prices have now stabilised, insist Standard and Poor’s

Credit ratings agency Standard & Poor’s have insisted that house prices have now stabilised in Ireland. However, they insist that recovery in the market might still be some way off. The report said that prices had now fallen to a level that meant they were reasonably priced when compared with wages and with rents. The [...]

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Mortgage approvals up 6.8% from March last year

  There were 1,167 mortgages approved in March, to the value of €196 million, according to the Irish Banking Federation. Of that figure, €186 million was for house purchases. The IBF says the figure represents a volume increase of 6.8% and a value increase of 15.9% over the same month last year. However, approvals for houses [...]

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Permanent TSB

Permanent TSB to introduce new pricing model for mortgages

Permanent TSB is set to introduce a new pricing model for mortgages this week, which would mean lower rates for some new customers. However, those with deposits of 10% or less will pay more under the new system. The bank is understood to have briefed senior staff on the plans to overhaul its mortgage offering [...]

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Allsop Space unveil catalogue for May 15th auction

Allsop Space have unveiled their catalogue for their next auction in the Shelbourne Hotel on Wednesday May 15th. The auction giant’s second sale of the year will feature 124 lots, including 86 residential properties and 38 commercial properties. Included in the residential lots are 55 houses – 10 of which are in Dublin. This is [...]

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One in 10 hope to buy property in the next 12 months

More than one in ten Irish consumers are planning to buy property in the next 12 months, according to the latest Carat Pulse survey, covering residential property purchase. The research found that younger buyers (the 18-34 category) were by far the most open to buying property, with 21% saying they planned on buying in the [...]

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