REA Seamus Carthy Newsletter

Providing regular property news from across Ireland

  • New mortgage rules provide welcome relief for first time buyers

    28th January 2015

    Real Estate Alliance (REA) has welcomed plans by the Central Bank to provide relief to first-time buyers under its new mortgage rules. The new rules will enable banks to lend up to 90% of the value of the home to first-time buyers up to a limit of 220,000. This means that first time buyers wil...

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  • New mortgage cap will drive pressure on rental markets - REA

    26th January 2015

    The Central Bank s proposed new mortgage borrowing cap of 80pc will lead to increased pressure in rental values in the larger urban areas, according to a leading estate agency group. Philip Farrell, CEO of Real Estate Alliance, believes that measures should be introduced which reflect the realit...

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  • Strong 2015 predicted for house market outside Dublin

    7th January 2015

    House prices outside of Dublin are expected to rise by as much as 20pc next year, as the rest of the country begins to catch up with the capital Dublin prices soared for much of this year, although the market cooled somewhat in recent months. However, 6pc growth is still expected in 2015. Outsi...

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  • Property market facing more certain 2015

    25th November 2014

    The property market is facing a more certain 2015 following a period of uneven growth nationwide over the past 18 months, according to national estate agency group Real Estate Alliance. Real Estate Alliance (REA) is Ireland s leading property group of Chartered Surveyors with almost 50 branche...

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  • Average three-bed semi rises by 17.59% in 2014

    20th October 2014

    The price of an average three-bed semi in Irish towns and cities rose by 17.59% in the first nine months of the year, according to a national survey carried out by Real Estate Alliance. The Real Estate Alliance Average house index concentrates on Ireland's typical stock home, the three-bed semi,...

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