Some 263 first-time buyers in Dublin apply for State mortgage scheme

A recent report states some 263 home buyers in Dublin have applied for the Government’s new home-loan scheme, looking to avoid Central Bank loan restrictions and lock in to low-cost interest rates. The high rate of initial interest in the scheme, which is run on a countrywide basis, means that the €200 million budget, expected to cover […]

Thousands of homeowners ‘paid nothing on loan for years’

A recent report in the property news states thousands of homeowners whose mortgages are being sold are refusing to engage with Permanent TSB, the bank has claimed. Banking analysts say that PTSB has no choice but to sell its bad loans, which include 14,000 residential mortgages. The bank, headed by Jeremy Masding, has insisted that […]

RECORD NUMBER OF PEOPLE RENTING IN IRELAND

A report states that one in four people are now renting their home in Dublin, the highest figure since quarterly records began, with a new report predicting that the average rent in the capital will soar by 5-6 per cent a year to surpass €2,000 by 2019. Ireland’s private rented sector continues to expand, with […]