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Jul 27
Tenants paying two months’ deposit to Ireland’s largest private landlord

Landlords blame time it takes to solve arrears cases for trend towards larger deposits Ireland’s biggest private landlord is asking tenants for two months’ rent as a deposit.The move by Irish Residential Properties Reit (Ires Reit), which owns 2,400 apartments in greater Dublin,adds to the rapidly growing financial pressure on people looking to rent in […]

Jul 06
Soaring property prices: which counties are feeling the strain?

Homes in North Dublin and in cities outside of the capital have seen the sharpest rise in property asking prices, according to a recent report by property website MyHome.ie. The surge in prices comes as more house hunters who are priced out of the expensive South Dublin property market begin to search elsewhere. Shortages of supply in new […]

Feb 20
Today FM (Dermot & Dave) – Arthur & Lees Jingly Bits

A big thanks to Dermot & Dave from Today Fm for featuring us in their “Jingly Bits” segment. Follow the link to hear the full interview –  https://www.todayfm.com/Dermot-and-Dave/Jingly-Bits–Arthur-and-Lees-Estate-Agents

Feb 15
Report shows rents increasing at record pace

Rental prices increased throughout 2016 at their fastest annual pace since the website Daft.ie started compiling statistics on the rental market in 2002. Average rents nationwide rose by 13.5% in the year to December, according to the latest report from the property website. At €1,111, the average monthly rent nationwide is at a new high, […]

Nov 24
First-time buyer deposits cut to 10% as Central Bank eases mortgage rules

First-time buyers will only be required to have a deposit of 10 per cent regardless of the value of a property when applying for a mortgage, as a result of a decision by the Central Bank to relax its macroprudential rules. This is a shift from the current requirement, which puts the ceiling at 90 per cent […]

Nov 16
Buying your first home: Tips to keep you sane through the process

ASK ANYONE WHO has gone through the process of buying a home and it is highly likely that ‘stressful’ will be the word they use to describe it. A house is probably the most expensive thing you will ever buy, mortgages are a minefield and the legalities of the process can be drawn-out and expensive. […]

Oct 03
‘Handing grants to buyers will not solve housing crisis’, says Irish Society of Chartered Surveyors

‘Handing grants to buyers will not solve housing crisis’, says Irish Society of Chartered Surveyors The Government will not make a dent in the housing crisis by handing out grants in the budget to first-time buyers, “as supply is the problem and not demand”, according to the Irish Society of Chartered Surveyors (SCSI). President Claire Solon […]

Jun 03
Launch of ‘The Real Cost of New House Delivery’ report

The average cost of building a 3 bed semi in Greater Dublin Area is €330K Construction costs come to €150K, just 45% of total Land, margin and VAT the main elements of other €180K Cost of building a new house is 45K higher than median asking price of a 3 bed semi in Dublin SCSI […]

Feb 16
Cash buyers make up 47% of all residential sales

About 15% of cash purchasers are first-time home buyers, many helped by parents Some 15 per cent of cash purchasers in the residential housing market are first-time buyers, according to an analysis by estate agent Savills. John McCartney, director of research at Savills, said this was due to purchasers “relying on the bank of mum […]

Jan 14
Mortgage holders’ organisation urges action on arrears

Six- to nine – month amnesty for borrowers from legal action by banks proposed. The Irish Mortgage Holders’ Organisation (IMHO) has proposed that banks, insolvency practitioners, the Government, regulators, and various other State agencies and debt advisory groups come together to try and formulate a big-ticket solution for long-term mortgage arrears. IMHO chief executive David […]