More than €31 million of taxpayers’ money was overpaid by the Office of Public Works (OPW) in five property deals over a four-year period, an internal report has found. Completed last year by two surveyors working for the OPW, the report has since been sent by OPW management to the Comptroller and Auditor General and has recently [...]
There’s a whole range of affordable Limerick, Cork, and Kerry homes coming up for sale in two weeks time, via the I Am Sold/Munster Property Auction method. The sales method, given a first Munster outing in May, resulted in 16 of 20 lots selling at, or prior to, auction, with a number exceeding their quoted [...]
Fewer than two in every 10 homes for sale in England are affordable for working families on average wages. And in some areas, would-be buyers are priced out completely, even if they can raise a sizeable deposit, according to figures from Shelter that underline the extent of the housing crisis. Rocketing house prices in some [...]
Mortgage approvals fell harder than expected for the second consecutive month in March suggesting the introduction of stricter lending rules could be hampering the market. Data from the Bank of England shows mortgage approvals for house purchases numbered 67,135 last month, the lowest since September 2013 and down from 69,592 in February. Mortgage approvals hit [...]
The Police star recently sold a house in Green Park for £7.5 million, and now he has put his nine-bedroom mansion over looking St James's Park on the market for more than £20 million, according to The Sun newspaper. The publication reports Sting and his wife Trudie Styler bought the expansive property for around £5.7 [...]
BILLY Connolly has sold his Scottish mansion and estate for almost £3 million. The comedian and his wife, Pamela Stephenson, have parted with Candacraig House, the baronial home in Aberdeenshire they bought in 1998. Connolly, commonly known as the Big Yin, used the property as a Highland retreat and often hosted famous guests there including [...]
Less than half of areas saw house prices rise in May, as further signs emerged that tougher new mortgage rules are putting the squeeze on borrowers and cooling the housing market. House prices continued to rise across the UK in May but there has been a slight slowdown in the rate of inflation compared to [...]
Some 7,313 homes have been sold so far under the Help to Buy mortgage guarantee scheme, the Treasury says. The figures are the first comprehensive measure of the scheme since it was launched late last year. The numbers from the Treasury also show that 80% of the properties sold went to first-time buyers. The majority [...]
Gross lending in Northern Ireland for house purchases increased by 41% to £240m in quarter one year-on-year, statistics from the Council of Mortgage Lenders has shown. Growth in England was slightly behind with a 38% uplift in the value of lending for house purchases worth £21.35bn in quarter one, with lending in Greater London accounting [...]
UK mortgage approvals declined for the third straight month in April to an eight-month low, as lending for property purchases moderated, data from the British Bankers Association showed Tuesday. Mortgage approvals for house purchases fell to 42,173 in April from 45,045 in March. Approvals were below the expected level of 45,100. The latest figure was [...]