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Wednesday 21 October 2020
The 12,259 mortgages are valued at €2.7 billion.
One economist warned that this increased activity will put pressure on the infrastructural needs in these areas.
The Central Bank’s governor Gabriel Makhlouf said that the current rules are working.
Dún Laoghaire-Rathdown in Dublin had the highest average house price for first-time buyers, costing €520,000.
Minister for Finance Paschal Donohoe said the scheme has played a ‘valuable role’.
New figures show that almost €50 million was paid out as part of the Rebuilding Ireland Home Loan scheme in the first three months of this year.
Strict new coronavirus measures are now in effect – here’s what they mean for you.
Corporate investors known as so-called ‘cuckoo funds’ have spent over €1.1 billion on nearly 3,000 residential properties in Ireland last year
Concerns had been that funds for the government’s Rebuilding Ireland Home Loan Scheme have run out.
A first-time-buyer can apply for a home loan to purchase a new or second-hand property, or to build their own home under the scheme.
Originally the scheme was estimated to cost the Exchequer €50m.
Around €62 million has been paid to developers under the scheme.
Finding your dream home is only the beginning, says financial advisor Karl Deeter.
According to the MyHome.ie Q3 Property Report, increases will continue into 2018.
The scheme is under review before the benefits of the scheme have had the time to come to fruition, writes Tom Parlon.
First-time buyers can apply for a tax rebate of up to €20,000 from today
Economist Ronan Lyons gives us his take on what to expect.
The first-time buyers grant and communication with customers in rural Ireland was also discussed in committee.
The Central Bank says that the market ‘isn’t at risk of overheating’.
The least affordable area for first-time buyers is Dun Laoghaire Rathdown in Dublin, while the most affordable county is Roscommon.
The government has been forced to change one of its key budget proposals on foot of concerns raised by the Central Bank.
Under new rules,first-time buyers will receive a grant if their mortgage is 70% of the value of their home.
The first phase of a 177 new home development in Adamstown was launched this weekend.
The housing minister says first-time buyers are ‘locked out’ of the market.
Housing Minister Simon Coveney says it will come in the form of a tax rebate.
The Department of Finance thinks it’s a good idea.
New research shows first-time buyers will rely on a family contribution for a deposit.
Plans to tackle the housing crisis include a scheme to help first-time buyers.
A new help-to-buy scheme due to be announced on Budget Day will be backdated to today.
The average age of first-time home buyers is now 34.
We’ve got you covered.
Here’s all the best advice you need.
This follows moves by First Permanent TSB and Bank of Ireland.
This applies to those looking to avail of the Central Banks new rules with a property costing €220,000 or less.
Are you a lifelong renter or do you want the property ladder?
A new mechanism to make sure houses remain affordable for first-time buyers is being considered by the coalition.
In many areas property is simply unaffordable, again – yet our political class seems to regard the ‘recovery’ in property prices as only a good thing.
Invaluable tips and tricks for navigating the new territory of home improvement.
The aim of the possible scheme is to help out new house buyers’ “creditworthiness”.
First time buyers are being forced out of the market and need to beware of taking on too much debt.
THE IRISH FARMERS Association has urged Irish MEPs to vote to ban words traditionally linked to meat products from being used on vegetarian alternatives.
The European Parliament is to vote this week on the terminology used for plant-based meat and dairy substitutes.
Amendments put forward would restrict the naming of such products so that they could not use terms normally associated with meat products.
One amendment would curtail the use of terms such as ‘steak’, ‘sausage’, ‘escalope’, ‘burger’ or ‘hamburger’ on products that do not exclusively contain meat.
The IFA has written to MEPs urging them to accept both amendments to protect Irish consumers and the agricultural industry here.
IFA President Tim Cullinan said yesterday that dairy products or plant-based meat branded with ‘real’ meat descriptions is “deliberately misleading to our consumers and undermines our industry.”
What do you think: Should vegetarian foods be allowed use words like ‘steak’ and ‘burger’?
Poll Results:
Share your story: voices@thejournal.ie
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