Irish Construction Industry Magazine: Strong Upward For Housing

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Irish Construction Industry Magazine: Strong Upward For Housing

Posted on 17Jul

The CSO Quarter 1 2019 new dwellings completion report confirms a strong upward trend across all housing construction activity data sets.

“While it is important to continue our efforts to ensure that this trend is maintained and even further improved, it is encouraging to see today’s results,” says Housing Minister Eoghan Murphy.

“In order to properly address homelessness” he continues, “affordability and the challenges in housing, we need to fix supply. These numbers show that this is happening.

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Irish Examiner: Mortgage Expert: Extend Help-To-Buy

Posted on 15Jul

The help-to-buy scheme should be extended “sooner rather than later” to help first-time buyers being priced out, a mortgage expert has said.

Joey Sheahan of MyMortgages.ie was speaking as a report from EY and DKM showed nearly half of all counties in the Republic are now unaffordable for first time buyers on an average income.

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Irish Examiner: Dramatic fall off’ in first-time buyers if Help-to-Buy scheme not extended, expert warns

Posted on 15Jul

There will be a “dramatic fall off” in first-time buyers entering the market next year if the Help-to-Buy scheme is not extended.

That was the stark warning from the head of credit at MyMortgages.ie, Joe Sheahan, who was responding to the latest Central Statistics Office (CSO) figures on house prices.

While house prices continue to ease with the annual rate of increase in May now the lowest in six years, prices increased by 2.8% nationally in the year to May, compared to a 3% increase in the year to April.

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Irish Mirror: “Irish house prices rose at fastest rate since late 2018 in May, CSO reveals”

Posted on 15Jul

Pat Flanagan

However the market appears to be cooling down overall

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The Times: “Irish fork out €150 more each month on mortgages than Europeans”

Posted on 15Jul

Paul O’Donoghue

Irish consumers pay an average of more than €150 each month on their mortgages compared with their European peers because of high interest rates, an expert has said.

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Property price inflation slows to six-year low of 2.8%

Posted on 11Jul

Latest official figures show the headline rate of inflation in the capital city Dublin at 0.6%

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Crippling rents mean I’m considering buying a house with a friend

Posted on 02Jul

Mortgage Broker Gets Behind Cork Legal Eagles in the Eurolawyers Football World Cup

Posted on 20Jun

Pictured above from left to right:

Dermot Kelly, Kelly Dullea, Shane Healy & Maurice O’Connor, Healy O’Connor, Jonathan Lynam, Murphy Lynam, Joey Sheahan MyMortgages.ie Peter Kiely, Timothy J Hegarty & Co,

In front John O’Flynn of Summa Sportswear and Neal Horgan of JW O’Donovan

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The Irish Examiner: 20% of properties sold to big investors

Posted on 07Jun

One-fifth of all property sales in the first quarter of 2019 were to large international investors and real estate investment trusts. A new report from the Banking and Payments Federation Ireland (BPFI) shows the extent to which investors are impacting on the private housing market in Ireland.

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Irish Independent: Your Questions ‘We can’t meet the full mortgage payments – can we sell to our son?’

Posted on 05Jun

Charlie Weston

Q Both my wife and I are social welfare pensioners, and we are paying interest-only repayments on our home mortgage. We re-mortgaged the house to keep our business going in 2005, but the business failed in 2013. We recently exited insolvency, and the only outstanding debt is a mortgage of €216,000 on the family home.

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