Govt approves ‘fully-funded’ scheme to repair defective apartments, duplexes

The Minister for Housing, Local Government and Heritage, Darragh O’Brien, has received government approval to draft legislation to support the remediation of apartments and duplexes with fire safety, structural safety and water ingress defects, constructed between 1991 and 2013. The legislation will provide a statutory basis for the establishment of a remediation scheme aimed at … Read more

Approval sought for €2.5bn scheme to repair apartments

Minister for Housing Darragh O’Brien will seek Cabinet approval today to draw up a scheme that would provide financial support to repair apartments with building defects. There are an estimated 100,000 such apartments in the country.  The plan is anticipated to create support for the repair of structural issues, water intrusion, and fire safety issues … Read more

Only 41 properties available to rent accessing HAP last month,survey

Only 41 properties were available to rent under the Housing Assistance Payment (HAP) scheme in the previous month, according to a new survey from Simon Communities. The HAP scheme is a monthly payment from the State to assist lower-income households. The Simon Communities Locked Out of the Market’s December report, which looks at 16 different … Read more

Property price growth eases to 15-month low

Following a peak of over 15% earlier this year, annual property price growth slowed to a 15-month low of 9.8% in October, according to new data. The Central Statistics Office (CSO) data showed that property prices increased 0.4% from the previous month in October, which was a six-month low. When compared to the previous year, … Read more

House prices could fall by 12% if more homes built – ESRI

A new paper from the Economic and Social Research Institute (ESRI) suggests that if housing output increases by 10,000 units annually, house prices could decrease by as much as 12%.  The study also discovered that rising output would not necessarily result in notable wage inflation in the construction industry. The government should include construction trades like … Read more

Protest calling for action on housing crisis held in Dublin

Thousands of people participated in a protest in Dublin to call attention to the nation’s housing crisis. The protesters demanded that the government take immediate action to address the housing shortage. The Raise the Roof protest comes just a day after the latest homeless figures hit a new all-time high, with nearly 11,400 people now … Read more

Central Bank likely to relax mortgage lending rules

The Central Bank is scheduled to announce revisions to the mortgage lending rules on Wednesday. People can currently borrow just three and a half times their salary. There are also strict requirements when it comes to deposits required to secure a property. The stringent criteria have been criticised for keeping numerous potential purchasers out of the … Read more

3-Bedroom apartment for sale in Clare Village, Dublin 17

No.3 Doonbeg House, Clare Village, Clarehall, Dublin 17 is being available for purchase. This superb own-door entrance 3-bedroom apartment with lift access has been extremely well cared for and offers bright and contemporary living accommodation. This residence provides secure underground parking and is conveniently nestled off Malahide Road. This spacious and bright dual-aspect apartment benefits … Read more

Tenancy termination biggest issue for renters – new study

According to new research released by Threshold, the national housing charity, and the Citizen’s Information Board found that tenancy termination is the most common issue for private renters, with vulnerable clients on fixed incomes most likely to be negatively impacted. Rent rises were also a major concern for renters, particularly those receiving housing assistance, having children, … Read more

Stock of second-hand homes for sale falls by 26% in three years

The overall number of second-hand houses for sale has decreased by 26% since before the pandemic, according to new figures from real estate group Sherry Fitzgerald. According to the estimates, there were 15,300 houses for sale in July 2022, accounting for 0.8% of the country’s total housing stock. This is a decrease of 7,900 properties … Read more

Minister welcomes progress in 265-home scheme on old hospital site

The Minister for Housing, Local Government, and Heritage, Darragh O’Brien, has welcomed the progress being made by the Land Development Agency (LDA) towards delivering 265 new social and affordable homes at the former St. Kevin’s Hospital lands in Cork City. Enabling works have begun at the site. The Minister for Housing, Local Government, and Heritage, … Read more

Average house price in Ireland now €311,514 – Daft report

According to Daft. ie most recent sales report, housing prices were largely stable between June and September. In the third quarter of this year, the average national listed price was €311,514. That is a 0.1% gain over the second quarter’s average and a 16% decline from the Celtic Tiger peak. The lowest average price was in … Read more

Landlords and auctioneers propose 25% rental income tax

The Irish Property Owners Association (IPOA) and Institute of Professional Auctioneers and Valuers (IPAV) are proposing a new 25% tax rate on all residential rental income to help stem the exit of small landlords from the market. According to the organisations, the tax lost as a result of lowering the current rate from 55% to 25% … Read more

Spacious and stunning end-of-terrace family home for sale in Kilkenny – check out!

28 Berkley Lawn, Thomastown, County Kilkenny, is being available for purchase by DNG Ella Dunphy (Tel: 056 7786000). This beautiful semi-detached family home with 4 bedrooms and 3 bathrooms is available for sale, and it is a fantastic opportunity to buy a spacious, bright, and tastefully decorated family home. This lovely home has its own … Read more