Property & Mortgages

Glenveagh Properties to build 2,000 homes

The company, which was set up in August of this year, will fund the housebuilding from funds raised on the stock markets in Dublin and London. It is expected that joining the stock market will allow the company, whose chairman John Mulcahy is a former senior official with the National Asset Management Agency, to raise €550m in investment funds. Justin ...

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AIB homes deal: a new dawn for struggling borrowers or unfair help?

‘The not-for-profit iCare mortgage to rent scheme – which will also be available to EBS and Haven customers – is a three-way agreement between the bank, Hall’s Irish Mortgage Holders Association (which will act on behalf of the homeowner) and iCare’ (stock photo) AIB homes deal: a new dawn for struggling borrowers or unfair help? Independent.ie David Hall has a ...

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Renters paying twice as much as mortgage holders

Average rents across Ireland rose 2.8pc in the last quarter and are now €1,017.15. In comparison, a 25 year mortgage on the average three bed semi detached house costing €211,843 works out at €969 per month at current rates, according to a survey carried out by the national Real Estate Alliance Group. According to the Irish Independent, estate agents are ...

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Timeline: Ten years of chaos

2008 Even before the stock market crash of September, the writing seems to be on the wall for Irish property. The days of housing developments selling direct from plans are already consigned to history and much of the media commentary is about slowdown.  When it arrives in the autumn, the global crash is nothing short of a hammer-blow. Much of ...

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It’s hard to believe we have ended up like this…

They planned to have their own home – a family. The hopes and aspirations of every young couple. That was May 2015. More than two years later, they are still renting, still looking for a home – and so many aspects of their lives are still on hold. David has worked as an accountant for the last 13 years, Jennifer ...

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Mortgage for life: Thousands will have to pay mortgages well into their retirement

Stock picture Mortgage for life: Thousands will have to pay mortgages well into their retirement Independent.ie Thousands of people face being caught in a “mortgage for life” trap where they must still pay off their home loan after retirement. http://www.independent.ie/business/personal-finance/property-mortgages/mortgage-for-life-thousands-will-have-to-pay-mortgages-well-into-their-retirement-36157537.html http://www.independent.ie/incoming/article36118851.ece/8a9e2/AUTOCROP/h342/estate%20agents%20property.jpg Email Thousands of people face being caught in a “mortgage for life” trap where they must still pay off ...

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Thousands will have to pay mortgages well into their retirement

Stock picture Thousands will have to pay mortgages well into their retirement Independent.ie Thousands of people face being caught in a “mortgage for life” trap where they must still pay off their home loan after retirement. http://www.independent.ie/business/personal-finance/property-mortgages/thousands-will-have-to-pay-mortgages-well-into-their-retirement-36157537.html http://www.independent.ie/incoming/article36118851.ece/8a9e2/AUTOCROP/h342/estate%20agents%20property.jpg Email Thousands of people face being caught in a “mortgage for life” trap where they must still pay off their home loan ...

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