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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By The MyHome Newsdesk
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Posted in Commercial, General, Property News, The Investor, The Overseas Investor
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Also tagged consultants, funds, investment market, investors, Jacqueline Fitzpatrick, leases, market, Savills, stock, upward only rent reviews
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The first three months of this year has seen a noticeable number of Irish funds looking at the Irish property sector again, according to Savills. The property consultants say that this will bring a renewed confidence to the market and will lead to greater activity for the rest of the year. An analysis of the [...]
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Minister for Communications Pat Rabbitte has said the new Local Property Tax is about as fair as you can get. Letters are being sent to up to homeowners from today by the Revenue Commissioners detailing how the tax should be paid. The letters will contain a valuation on the property which can be disputed by [...]
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By The MyHome Newsdesk
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Posted in Commercial, General, Home, Industry News, Mortgages & Money, Property News, The Investor, The Overseas Investor
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Also tagged broker, cash deposits, commercial, CSO, debt, debt leverage, deposits, estate agents, Independent Trustee Company, investors, lenders, negative equity, pension, pension schemes, pensioners, residential property, retirement portfolios, savings
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In a slow but undeniable trend, Irish pension investors are tentatively taking steps back into the property market by adding property to their retirement portfolios. That’s according to Independent Trustee Company who looked at where clients with self-administered pension schemes are choosing to direct their pension savings. The pension experts, with €750 million in clients [...]
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Homeowners in central Dublin that are uninsurable because of repeated flooding have demanded that they be exempted from the property tax. Cllr Anna Quigley (Ind) told the meeting of the Dublin Central Flood Action Group that for the purposes of the property tax, the “value of a house is the price achievable in a transaction”. [...]
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By The MyHome Newsdesk
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Posted in General, Home, Mortgages & Money, Property News
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Also tagged liable, Local Property Tax, payment, property tax, residential, Revenue Commissioners, survey, taxback.com, wages
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Two thirds of property owners would be prepared to have the forthcoming property tax deducted from their wages, according to a new survey. From July 1st, the annual local property tax will apply to the vast majority of residential properties in Ireland, with about 1.6 million properties estimated to be liable for payment. The collection [...]
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By The MyHome Newsdesk
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Posted in General, Home, Mortgages & Money, Property News, The Investor, The Overseas Investor, The Renter
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Also tagged buy-to-let, household charge, income, investors, landlords, Local Property Tax, Michael Noonan, Minister for Finance, Mortgage, non-principal private residence levy, NPPR, property tax, rental, rental income, repayments, tax, The Irish Independent, The Thornhill Group
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Property investors and landlords will be able to deduct the new Local Property Tax from their rental income when filing a tax return. At present the non-principal private residence (NPPR) tax and the household charge are not allowed as expenses when landlords are workout out their profit as part of a tax return. However, according [...]
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By The MyHome Newsdesk
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Posted in General, Home, Industry News, Mortgages & Money, Property News, The First Time Buyer, The Investor, The Seller
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Also tagged Barometer, Barometers, Christmas, CSO, Friday feedback, Mortgage, MyHome, MyHome.ie, property market, property tax, tax
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The turkey had barely digested in peoples’ stomachs when headlines began to emerge about a stabilising property market. From a CSO report just after Christmas, to three Barometers at the turn of the year, everyone seems to be in agreement that the decline in prices is halting. Well, in the capital at least. The second [...]
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By The MyHome Newsdesk
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Posted in General, Home, Mortgages & Money, Property News
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Also tagged arrears, Eamon Gilmore, ECB, Friday feedback, homeloans, interest rates, lending, market, Mortgage, mortgage lending, MyHome, MyHome.ie, taxes
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It has been a decent year for property it is fair to say. Yes, there have been better but equally there have been worse. A new problem awaits in 2013 though and it has very little to do with property taxes or a lack of mortgage lending. Yes, they will have their own impact on [...]
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By The MyHome Newsdesk
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Posted in Commercial, General, Home, Industry News, Property News, Property Picks, The Overseas Investor, The Seller
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Also tagged American, buyer, Christie's International Real Estate, country, golf resort, Humewood Castle, Ireland, John Lally, Lalco Holdings, National Asset, overseas, sherry fitzgerald, Wicklow
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Humewood Castle in Co Wicklow has been sold to an overseas buyer for a sum in the region of €8 million. The identity of the purchaser of Ireland’s most expensive country property remains shrouded in mystery but it is understood they are American. The €8 million price tag, while considerable, is still some way off [...]
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House prices were 3 times average income in 1995 before the property price boom started, they ros...
I own 2 properties. On the information leaflet I was informed that I could pay by cash. I have no...
