Calls for mica 'sliding scale' to be scrapped –

The mica redress scheme announced by the Government yesterday did not meet local people’s expectations, Donegal TD Joe McHugh has said. The Fine Gael TD said the introduction of a sliding scale “is not going to work” and said he would not stand over the scheme if people are excluded by cost shortfalls. The scheme

Allianz pauses investment in Irish property market due to concerns over reputational damage –

Allianz is set to pause possible investments in the Irish residential property market due to the potential reputational damage it could cause to the business. According to The Irish Times, Allianz has been considering a number of residential properties in Ireland, holding a global property portfolio of €79 billion. The firm’s insurance arm, which is

Q&A: What does the revised redress scheme mean for homeowners hit by the mica crisis? – Irish Examiner

The updated €2.2bn mica redress scheme will cover 7,500 properties, including 1,000 social homes. The scheme will be extended beyond the original scope, which only included homeowners living in their own properties.  Rented accommodation that is registered with the Residential Tenancies Board (RTB) will now be able to avail of redress.  However, this will be

Cabinet to consider mica redress scheme –

The details of a redress scheme for thousands of homeowners whose properties were built with defective blocks will go to Cabinet this morning. The scheme will offer a 100% grant for repair and rebuilding works up to a total of €420,000. However, the amount that homeowners will receive per square foot of each property was

Government to agree 100% redress scheme for mica-hit homeowners – Irish Examiner

The Government will tomorrow agree a remediation scheme for mica-affected homes which offers 100% redress up to €420,000. Housing Minister Darragh O’Brien will bring the delayed scheme aimed at remediating the thousands of homes that were built with defective blocks. The Coalition leaders on Monday agreed to Mr O’Brien’s €2.2bn proposal, which will see homeowners

UK House Prices – Latest News – Forbes

What’s the latest information on house prices? We monitor the leading indicators to keep you regularly updated about all the key moves in the UK’s property market Mortgage Borrowing Plummets In Wake Of Stamp Duty Change Mortgage borrowing stood at £1.6 billion in October, the lowest since July 2021Mortgage approvals for house purchase fell to

Flashpoints emerge over Government plan to tackle mica crisis – The Irish Times

Flashpoints have emerged around the Government’s plan to tackle the mica crisis, with campaigners hitting back against multiple parts of the scheme which emerged over the weekend to fix homes built with defective blocks. It is understood the plan envisages raising the current maximum 90 per cent grant to 100 per cent, covering up to – Student accommodation an attractive investment – Galway Advertiser

Originally purpose built student accommodation (PBSA ) was built as tax incentives for purchasers in the early 2000s. The allowances lasted for 10 years and have long since lapsed. We have seen a large volume of these individual properties sold over the last number of years, bringing a different demographic of landlord to the market.

75% of Student Housing Stood Vacant at Close of Last Year, Government Figures Suggest – Dublin Inquirer

File photo of Point Campus student accommodation. By Laoise Neylon. Caroline O’Connor booked a room in one of Dublin’s multiplying purpose-built student accommodation for November, but she doesn’t think she will go back in January, she says. “To be honest I don’t really like it that much,” she says. “It is way too expensive for

Landlords issue more than 2000 evictions notices this year despite moratorium –

Landlords have issued more than 2,000 eviction notices since the start of the year, with more than half doing so because they intended to sell the property. he number of notices of termination have been steadily increasing since lockdown restrictions were lifted in April. Housing charity Threshold said the level of termination cases seen in 2021