Limerick Auctioneers not happy with central banks comments. RTE.ie article

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The central bank point toward not making any changes to home mortgage regulations.

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The rules for Limerick property and other around the  country  hunters look like they will not change according to the central bank.

Sharon Donnery indicated it was too early and unwise to alter the rules at this stage.

She said the loan to income and loan to value rules put in place nearly 12 months ago were brought in to make the property industry safer and stop property buyers from bring too much debt on themselves.

See more at http://www.rte.ie/news/2016/0925/819101-central-bank/

Public not happy as Limerick property tax increases. LimerickLeader.ie

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The council have taken the decision to increase Limerick property tax by 10% which has enraged the county.

The decision was taken last Monday, a majority of voters gave the green light for the Local property tax increase for properties in Limerick.

http://www.limerickleader.ie/news/home/216675/hike-in-property-tax-in-limerick-prompts-outrage.html

Less first time property buyers, but prices up by nearly 7%. RTE.ie article.

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Residential home prices are up by 6.7% from the beginning of the year through July

These figures include all transaction, properties bought with cash are also taken into account.

Limerick Auctioneers and Estate Agents would agree with these types of numbers.

http://www.rte.ie/news/business/2016/0921/818092-cso-house-prices/

 

Rowan Fitzgerald Limerick Auctioneers and Estate Agents

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An example of the work Rowan Fitzgerald Limerick Auctioneers and Estate Agents did this week…

We carried out:

  • Bank valuations.
  • Took on a property for sale at Punches Close, Rosbrien Road, Limerick.
  • Pitched for a property for sale in Glendale Lawn, Old Singland Road, Limerick.
  • Showed a property for let at Markets Field, Mulgrave St, Limerick.
  • Started viewings at a property for sale at 10 Belmont Hill, Castleconnell, Co. Limerick.
  • Carried out walkthrough for insurance purposes at a disused bar.
  • Arranged lease at 5 Saint Thomas’s Terrace, Foynes, Co. Limerick.
  • Met with fitout company to look at new auctioneers office in Limerick.
  • Visited an apartment at The Strand Complex , Ennis Road, Limerick which Rowan Fitzgerald Limerick Auctioneers and Estate Agents are selling to carry out final walkthrough with buyer before sale closes.
  • Rented flat at Johns Square, Limerick. Met with new tenant to go through tenancy agreement and take electricity readings and inventory etc.
  • Met with landlord of an apartment they are thinking of renting out in Limerick. Explained our various services to the new client.
  • Met with a client of Rowan Fitzgerald Limerick Auctioneers and Estate Agents for which we manage a property for in The Strand Apartment complex to touch base. They are very happy with out property management service and extend contract with us.

First-time home buyers. Should they be allowed to use rent payment records when applying for a mortgage? Journal.ie

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The department of finance has hinted that people purchasing their first home be allowed to use records from their rent history when applying for a mortgage.

http://www.thejournal.ie/first-time-buyers-mortgages-2-2974373-Sep2016/

Property hotspots in Limerick! Independent.ie

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Limerick’s best locations was found to be The North Circular Road and Ennis Road area where a short supply of high end property are been snapped up by wealthy locals and people returning from abroad.

http://www.independent.ie/business/personal-finance/property-mortgages/revealed-the-property-hotspots-that-should-be-on-house-hunters-radars-35037570.html