deposit Archives - Page 2 of 3 - MyHome.ie Advice & Blog

Lack of stock affecting Dublin sales under €220,000 threshold

Blog, Industry News, Mortgages & Money, Property News, The First Time Buyer

A lack of stock has led to a decline in the number of properties being sold in Dublin for under the Central Bank’s €220,000 treshold for first-time buyers. Under the Central Bank rules introduced earlier this year, first-time buyers need just 10 per cent of…

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Landlords may have to retain deposits until tenant proves they have paid water charges

Uncategorised

The Government has agreed to the drafting of a Civil Debt Procedures Bill, which may see landlords being required to retain a tenant's deposit until they have proof of payment of water charges. The bill will include provisions to stop imprisoning people for not paying their…

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General

Foreign investors could bring further competition to the housing market

Blog, General, Home, Mortgages & Money, Property News, The Investor, The Overseas Investor

Most of the talk in the property world this week surrounded the growing costs of rent around the country for all types of properties. There wasn’t a single county where rental costs didn’t rise with Dublin and the commuter belt counties the worst affected as…

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Buy & Sell

What the new Central Bank mortgage rules mean to you

Advice, Buy & Sell, Buying, Finance, Practical Advice, Promoted

The new Central Bank mortgage rules were announced recently and that means a change in how we’ve done things in recent years. In essence, the new rules mean that first time buyers can continue as they were, provided that the purchase price is less than…

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General

First time buyers will now require a 10% deposit while all other purchasers will need at least 20%

Blog, General, Home, Industry News, Market News, Mortgages & Money, Promoted, Property News, The First Time Buyer, The Investor, The Overseas Investor, The Seller

The Central Bank will offer some relief for first-time buyers under revised rules on mortgage lending. Prospective home-buyers will have to save bigger deposits under the regulations. Banks will only be able to lend up to a maximum of 80% of a property’s value for most owner-occupiers. However, they will…

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One in five non-property owners in Dublin plan to buy this year

Home, Industry News, Market News, Mortgages & Money, Property News, The First Time Buyer

One in five of all non-property owners in Dublin plans to buy a home in the next 12 months, according to a new poll. The Behaviour and Attitudes poll carried out on behalf of Today FM and the Sunday Independent also found that one in…

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Mortgages & Money

Decision on 20% deposit expected within days

Blog, Mortgages & Money, Property News, The First Time Buyer

The Governor of the Central Bank Patrick Honohan has said a decision on if a 20% deposit will be required to secure a mortgage will be made in days. The Central Bank has carried out a public consultation on the matter, which Honohan added will…

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20% house-deposit rule to be delayed

Home, Mortgages & Money, Promoted, Property News, The First Time Buyer

A new rule which would see home buyers forced to save 20% of a deposit before taking out a mortgage is to be delayed. The rule was due to come into place on January 1, but now the Central Bank reportedly will not meet its…

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O'Sullivan planning tenant deposit protection scheme for next year

General, Home, Mortgages & Money, Property News, The Investor, The Overseas Investor, The Renter

Minister for Housing and Planning, Jan O'Sullivan, yesterday stated that bringing forward a tenant deposit protection scheme would be a priority for 2014. Speaking at the launch of Threshold's annual report the Minister said, "I am currently bringing residential tenancies legislation through the Oireachtas and…

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Mortgage arrears expected to peak next year, according to KBC Bank Ireland

General, Home, Mortgages & Money, Property News, The First Time Buyer

Arrears on mortgages are expected to peak early next year, according to the head of KBC Bank Ireland. John Reynolds said his bank expected mortgages in long-term arrears to peak in the first half of next year, note late this year as had previously predicted.…

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