Morning Ireland Archives - MyHome.ie Advice & Blog

Housing Minister warns owners of vacant properties that “changes are coming”

Property owners with second and vacant properties "should be on notice that changes are coming", Minister for Housing Eoghan Murphy has warned. He said he was looking at new measures to bring the homelessness crisis under control and these include bringing vacant homes back into…

General

Rental costs continue to grow, particularly in Dublin

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

The cost of renting a property in the private sector in Ireland rose in the last three months of 2014 by an average of 5.8%. The figures released by the Private Residential Tenancies Board, show the rise in Dublin rents is substantially above the national average at 9.6%.…

ESRI insists current property market conditions do not justify Central Bank’s proposal for 20% deposit

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

The Economic and Social Research Institute has said current conditions in the property market do not justify the introduction of a fixed higher deposit and lower loan to income ratio, as proposed by the Central Bank. The Institute said the bank should instead have a variable system…

Permanent TSB rejects criticism of buy-to-let loans

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

Permanent TSB has rejected suggestions it is squeezing family homebuyers out of the market by launching a range of new products aimed at the buy-to-let sector. The bank is offering a range of products with interest rates based on the size of the deposit…

Thousands receive household charge warning letters in error

General, Home, Mortgages & Money, Property News

Thousands of householders who have paid the household charge have received warning letters on non-payment in error. The chief executive of the Local Government Management Agency urged people who have received such letters to make contact with the agency. Speaking on RTÉ's Morning Ireland, Paul…

LGMA promises legal action against those who haven't paid household charge

Home, Mortgages & Money, Property News

Those who have failed to pay the household charge will face legal action within a number of months, according to the Local Government Management Agency. The State body responsible for collecting the charge said those who have not paid are currently receiving a second warning…

Construction output expected to fall by 9% this year

Building

Construction output is expected to fall to €7.75 billion euro this year, a drop of 9% on last year. It is however an improvement of 27% on the previous year. The results were produced by global construction consultants Davis Langdon. Paul Mitchell, Director of its…

Bank of Ireland now offering negative equity mortgages

Industry News, Mortgages & Money, Property News

Bank of Ireland has announced that it has launched a range of new mortgages available to customers in negative equity. The bank says the new mortgages are in line with Central Bank guidelines, and they say, will allow greater numbers of customers, that are in…

Shorthall admits "mistakes" as just over 800,000 register for household charge

Home, Mortgages & Money, Property News

A total of 805,569 homeowners registered to pay the €100 household charge before Saturday’s deadline. The figure consisted of 621,717 properties registered online and processed by the Local Government Management Agency (LGMA), 89,000 postal applications and 12,677 properties that registered for a waiver. The figure…

Broadcast charge not an extra tax, insists Rabbitte

Home, Mortgages & Money

The Minister for Communications, Energy and Natural Resources has said a new broadcasting charge, if introduced, would not be an additional tax. Speaking on RTÉ's Morning Ireland, Pat Rabbitte said almost every household, with few exemptions, would be liable for the new charge. He said…