Government ‘on the side of the cuckoos’ and helping big investors ‘elbow families out of housing market’ – Dáil hears

Fine Gael has been accused of helping so-called “cuckoo funds” to buy up housing developments – making things even harder for families trying to buy their own home. Fianna Fáil deputy leader, Dara Calleary, cited a report in Thursday’s Irish Independent which showed that another full housing development – totalling 295 houses at Leopardstown in […]

‘Cuckoo fund’ buying spree easing housing crisis, claims Donohoe

According to a report today, Funds are blamed for outbidding first-time buyers.  Finance Minister Paschal Donohoe has defended the activities of ‘cuckoo funds’ buying up residential properties in blocks.  They have been blamed for pushing rents up to record levels and squeezing first-time buyers out of the market. Mr Donohoe said the funds are the […]

Buyers turn to ‘bank of mum and dad’ for help

In a report today it states, Half of those expecting to buy their first home say they will need help from their parents. The financial pressure on prospective first-time buyers is also evident from survey findings that show it is now taking longer to save a home deposit. More than half of those who hope […]