Fianna Fáil Archives - MyHome.ie Advice & Blog

Is a reduction in Capital Gains Tax the answer to current housing crisis?

The latest housing and mortgage figures from various sources released in recent months reiterated what we already know, there are not enough houses for sale to meet demand at present. Just this week it emerged that mortgage approvals were up 62% in the first three…

General

Plans for rent cap could be scrapped

Blog, General, Home, Industry News, Market News, Mortgages & Money, Property News, The Renter

Plans for a cap on rent increases could be scrapped this afternoon, just two days after being published. According to reports, Fine Gael is set to abandon the idea unless Fianna Fáil agrees to set the cap at 4%. Fine Gael says it won’t back…

General

First-time buyer grant could be axed if it inflates the market

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

The Government's €20,000 grant for first-time buyers will be axed if it is found to be inflating the property market, according to reports. In the wake of the Central Bank’s review of its mortgage policies, the Government and Fianna Fáil have expressed concern that the combination…

General

Cap for help-to-buy scheme lowered to €500,000

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

The Government has agreed to lower the cap for the “help-to-buy” scheme for first-time buyers to €500,000. In last month’s Budget, Minister for Housing Simon Coveney and Minister for Finance Michael Noonan proposed an income tax rebate worth up to 5 per cent of the…

General

One in three favour a return to the polls

Blog, General, Home, Promoted

One in three people would opt for a new General Election given the chance, according to the results of a survey from MyHome.ie. The study found that just 22% of people were satisfied with the results - while 78% said they were unhappy with the outcome of the general election. When…

General

Housing a big issue in General Election 2016

Blog, General, Home, Mortgages & Money, Property News

Now that the General Election has been called there are sure to be plenty of issues debated between now and polling day in three weeks’ time. As ever, there are many pressing matters in the country with housing being amongst them. Already the likes of…

General

Central Bank has no power to end two-tier mortgage market

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

The Central Bank has no power to compel banks to end the two-tier market on mortgage variable rates, its newly installed Governor Professor Philip Lane has admitted. Prof Lane also told TDs and Senators that interfering in the contracts between a lender and borrower was…

Building

Government to provide 17,000 social housing units this year

Blog, Building, General, Home, Property News, The Renter

The Government has said it will provide another 17,000 units of social housing this year as part of its five-year programme to tackle the housing crisis. In a report on the Social Housing Strategy, the Department of the Environment said the recovery in public housing…

General

People with flooded properties should be exempt from property tax, insist Fianna Fáil and Sinn Féin

Blog, General, Home, Mortgages & Money, Property News

Calls have been made to exempt families with flooded properties from paying property tax. With more rain predicted tomorrow and on into next week, many areas are still at a high risk of flooding and the Red Cross and Defence Forces are assisting flood hit…

General

Irish Water pays €3.7m to consultants in six months

Blog, General, Home, Mortgages & Money

Irish Water paid €3.7milllion to consultants in just six months of this year, it was revealed yesterday. The greatest amount – €740,000 – went to A&L Goodbody for legal services wile another law firm, McCann Fitzgerald was paid €217,000. Accountants Ernst and Young Ireland were also…