New State lender – aimed at builders and developers – has initial €750m to finance house building

The Government has formally launched a new State lender that will finance house building. Home Building Finance Ireland (HBFI), will lend up to €35m per scheme and up to 80pc of the development cost of housing schemes. It is aimed at small and medium sized builders/developers. HBFI has an initial €750m of State funds to […]

Irish construction boss reached for the heights with London landmark

Flan McNamara tells John Reynolds about a career that has taken him all over the world – and how he directed the construction of The Shard in London 2London’s tallest building, The Shard From his 18th-floor office window near London’s Oxford Circus, Flan McNamara can see the distinct 1,016ft glass-and-metal skyscraper whose construction he oversaw, […]

End of the ‘doer-upper': rising cost of renovations cripples demand for ageing homes

Irish property prices have caught the builders blues Sudden surge in renovation costs seeing the values of older homes falling relative to other properties Estate agents in city postcodes with high numbers of executor sales or with large numbers of period properties now reporting a real impact on tdemand for older homes in need of […]