The Welsh Government has announced the introduction of the Renting Homes (Amendment) (Wales) Bill which extends the minimum notice period from two to six months alongside other new provisions and will be implemented before the end of its current Assembly (May 2021). The Welsh Government first proposed the Renting Homes (Amendment) (Wales) Bill in February
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Irish real estate investor Avestus Capital Partners has paid over €38 million for a portfolio of 120 rental apartments developed by a company with links to developer Bernard McNamara at Santry in north Dublin. While the deal for the scheme on the site of the former Swiss Cottage public house is understood to have been
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There was €1.2bn invested in Ireland’s Private Rental Sector (PRS) last year, according to a report from property agents Savills Ireland. he PRS’s share of the commercial property investment market for last year was 39pc – its highest-ever share recorded. Among the major PRS deals that took place last year was the sale of Blackwood
Q4 2020 saw a pick-up in investment turnover in Ireland’s property market, with €1.3bn invested in income producing real estate assets across 44 separate transactions. This brought year-to-date investment volumes to €3.0bn – just ahead of the ten-year average of €2.9bn. These are the primary findings of the latest Savills Ireland Investment Market in Minutes.
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Private renters protected from eviction until end of September Published 19 February 2021 Legislation protecting private renters in Northern Ireland from eviction have been extended to the end of September 2021. The Private Tenancies (Coronavirus Modifications) Act requires landlords to give tenants a 12 week notice to quit period before seeking a court order to
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Bringing Northern Ireland’s housing stock up to Energy Efficiency Rating (EER) Band C will cost £2.4bn, experts have estimated. Picture: Getty Sharelines Bringing Northern Ireland’s housing stock up to Energy Efficiency Rating Band C will cost £2.4bn, experts have estimated #UKhousing Measures required to improve the energy efficiency of the 390,000 homes in the region
WITH the daily news diet being dominated by Covid-19, Brexit and more recently the impact of the Northern Irish Protocol, it is easy to lose sight of where the opportunities are in our market. Anecdotally, there is little evidence that the Northern Ireland Protocol is causing supply issues for businesses or preventing our food retailers
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The human cost of the draft budget set out by Stormont’s communities department would be “colossal”, it has been warned. he Department for Communities (DfC) is responsible for benefits, social housing, regeneration, sport and other issues. Its draft budget for the 2020/21 financial year includes cuts to welfare reform mitigations and homeless support. In the
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SME developer Kingswood Homes is revolutionising the way people buy new homes by enabling viewers to create their own internal floorplans using virtual reality technology while standing in their potential new property. Buyers at Kingswood Homes’ developments in Lancashire and Devon can don a VR headset and see walls shift and rooms appear and disappear
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A comprehensive report on the performance of Dublin’s private rented sector (PRS) in the latter half of 2020 revealed a sector fast becoming a long-term stable asset class in Ireland. The report, by Hooke & MacDonald, also refutes the argument put forward by some people that Dublin City Council and other councils can provide social