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    Archived pages: 512 . Archive date: 2012-07.

  • Title: Irish Property News
    Descriptive info: Irish Property News.. Home Buyers Guide 2009.. 06/01: Subprime customers returning to main banks.. Subprime lenders charge up to 2pc more than mainstream banks and building societies.. Leading subprime lender Start conducted a survey of its customers and found that half of those who took out subprime loans with it in  ...   Ulster Bank.. A further 42pc of those who took out subprime mortgages in 2006 have moved to mainstream lenders.. Continue reading from source:.. Independent.. Back.. Mortgage Quote.. Property Surveys.. Snag Lists.. BER Energy Ratings.. Property Guides.. Property News.. Home Buyers Guide 2009.. HOME BUYER WEBSITES:.. 2009.. Pay Per Click.. by.. PPC Ireland..

    Original link path: /News/Details.asp?id=273
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  • Title: Irish Property News
    Descriptive info: 05/12: EBS, Permanent TSB to pass on rate drop.. In a brief statement EBS said it would reducing its standard variable rate mortgages by 75bps to 4.. 13 per cent and that this change would be reflected in the January mortgage repayments.. Permanent TSB said it would pass on the rate reduction to tracker and variable rate mortgage holders but warned that high interbank rates could prevent future reductions being passed on in full.. IrishTimes.. com..

    Original link path: /News/Details.asp?id=272
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  • Title: Irish Property News
    Descriptive info: 05/12: Record ECB rate cut aims to boost economic activity.. The ECB reduced the benchmark interest rate, which sets variable rate mortgage costs, by three-quarters of a percentage point - from 3.. 25 per cent to 2.. 5 per cent, its lowest level since June 2006.. The  ...   history.. Mortgage holders can expect their monthly repayments to fall by 43 for every 100,000 borrowed, based on a loan with a 30-year term.. In just short of two months, the ECB has reduced its benchmark interest base rate from 4.. 5 per cent in three successive cuts..

    Original link path: /News/Details.asp?id=271
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  • Title: Irish Property News
    Descriptive info: 04/12: ECB drops rate by 0.. 75%.. This will result in a typical saving of 116 per month on a 300,000 tracker mortgage over 25 years.. That's a total cut of 279.. 36 in the last few months.. And the even better news is that most economists expect rates to drop even further over the next few months.. With huge drops in house prices and much lower mortgage payments, buying a home has become a lot more affordable, so we expect more first time buyers to come back into the  ...   be interested in getting a copy of Moving.. ie's 2009 Home Buyers Guide.. Along with the 100+ pages of tips, advice and checklists, there's a special chapter on buying a home in the current enviroment, how to secure a mortgage during the credit crunch, and how to buy a home at bargain basement prices.. The guide will be available in a few weeks as an instant download for 17.. You can claim a f'ree sample chapter today and get early notification when the guide is available at:.. http://www.. moving.. ie/2009.. html..

    Original link path: /News/Details.asp?id=270
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  • Title: Irish Property News
    Descriptive info: 04/12: European Central Bank expected to cut rates.. Opinions on how big the rate cut will be are still split, with economists divided over whether the ECB will stick to a tried-and-tested 50 basis point cut or go for a record 75 basis points.. Two-thirds of analysts in a Reuters poll see a 50 basis points cut which would take rates to a 2.. 75 percent - a two year low - but 24 of the 81 economists polled think policymakers will go for a 75, or even 100 basis point cut..

    Original link path: /News/Details.asp?id=269
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  • Title: Irish Property News
    Descriptive info: 24/11: House prices fall 1.. 1% in September.. Average national house prices fell by 1.. 1% in September according to the latest edition of the.. permanent tsb / ESRI.. House Price Index.. This follows reductions of 0.. 9% in August, 0.. 2% in July and 0.. 6% in June.. In the first nine months of 2008 average national prices fell by 7.. 0%, compared with a drop of 6.. 0% in the year up to August 2008.. Measuring the rate of growth in the 12 months (year on year) to September, average national prices were down by 10.. 6%.. This compares to a decline of 9.. 9% recorded in the 12 months to August.. The average price paid for a house nationally in September 2008 was euro 267,594.. This compares to euro 287,887 in December last.. Commenting on the results, Niall O Grady, General Manager Business Strategy,.. permanent tsb.. said: There is little surprise in these figures which continue the pattern of recent months.. Looking ahead, we expect this pattern to continue for some time as both consumer confidence and the economic outlook for the year ahead remain weak.. Dublin V Rest of Country:.. Dublin house prices fell by 0.. 8% in September while houses outside Dublin reduced by 1.. In August the relative price changes were -0.. 8% and -1.. 3%.. In the first nine months of 2008 prices for Dublin and Outside Dublin were down 6.. 6% and 8.. 2% respectively.. House prices were reduced by 8.. 4% and 11.. 0% in the twelve months to September 2008 in Dublin and Outside Dublin respectively.. The equivalent changes in the twelve months to August were -8.. 8% and -9.. 5% respectively.. The average price paid for a  ...   reduction of 0.. 2% in August.. Year to date prices fell by 5.. 5%.. House prices in this category were reduced by 6.. 6% year on year to September 2008.. The price of a 3 bedroom semi in September 2008 was euro 282,902 - down from euro 299,412 recorded in Dec.. 2007.. First time buyers V.. Second time buyers.. House prices for first-time and second-time buyers were reduced by 1.. 2% and 1.. 3% respectively in September 2008.. In August the equivalent rates showed reductions of 1.. 2% and 0.. Year to date prices for first-time and second-time buyers were down 8.. 1% and 7.. 0% respectively.. House prices were reduced by 9.. 0% year on year to September 2008 for first-time and second-time buyers respectively.. The equivalent rates to August were reductions of 9.. 8% and 10.. 1% respectively.. The average price paid by a first-time buyer and a second-time buyer in September 2008 was EUR 239,598 and EUR 299,074 respectively.. The equivalent prices in December 2007 were EUR 260,786 and EUR 321,498.. New V.. Existing Houses.. House prices for new and second-hand houses reduced by 0.. 4% and 1.. 5% respectively in September 2008.. In August the relative price reductions were 0.. Year to date prices for new and existing houses were down 7.. 0% and 6.. 4% respectively.. New and second hand house prices fell by 9.. 1% and 9.. 8% respectively year on year to September 2008.. The equivalent changes to August were -8.. 7% and -10.. The average price paid for a new house in September 2008 was EUR 269,932, while that paid for a second hand house was EUR 266,398.. The equivalent levels in December 2007 were EUR 290,296 and EUR 284,608..

    Original link path: /News/Details.asp?id=268
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  • Title: Irish Property News
    Descriptive info: 18/11: Rents hit lowest level in 2 years.. In the past 3 months, rents dropped by 3% on average across the country.. The continuing fall in rents is linked to the dramatic increase in the number of properties available to rent.. At the start of November, there were over 18,000 properties available to rent nationwide, an increase of 133% on the same period last year.. Three of Dublin's commuter counties - Meath, Louth, Kildare - have been among the most seriously affected, with rents falling more than 5% in the last twelve months.. In Kildare, for example, average rents have fallen below 1,000 for the first time since 2006.. Elsewhere, Cork and Galway cities have also seen significant decreases in rents, falling 5.. 3% and 4.. 1% respectively, while in Dublin, the south and west county areas have lost almost 5% in the last 12 months.. According to Ronan Lyons, Economist with Daft.. ie, the current down-turn in rents is closely related to ongoing uncertainty in the broader housing market.. "In the second half of  ...   years.. With no shortage of unsold properties, rents can be expected to continue to fall for perhaps another 12 months.. Much lower numbers of new homes built from 2009 on - perhaps only 55,000 over the course of 2009 and 2010 - should bring Ireland's property market back into balance.. ".. Dr.. Stephen Kinsella, economist and lecturer at the University of Limerick, noted that "everyone renting in Ireland will feel relief from the familiar pressure of ever-increasing rents.. This decrease in rents will help their bank balances, and make them a little richer, and perhaps they will spend some of that extra money, and so help the economy out of the downturn.. The rental price drops help those in some of the weakest positions in Irish society: those in need of short term accommodation in a high cost economy, migrants, and those on lower incomes".. The full report, available at.. www.. daft.. ie/report.. , contains a commentary by Dr.. Stephen Kinsella, as well as a first-time buyer affordability analysis and estimated yields around the country..

    Original link path: /News/Details.asp?id=267
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  • Title: Irish Property News
    Descriptive info: 12/11: BOI to review lending in UK as property market shrinks.. The review, which is believed to be at an early stage, comes as Britain's second-biggest mortgage lender Nationwide warned this week that the country's mortgage market will contract 80pc this year.. It said house prices will have fallen about 25pc from their peak before the market stabilises in 2010..

    Original link path: /News/Details.asp?id=266
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  • Title: Irish Property News
    Descriptive info: 12/11: Commercial property outlook 'worst in world'.. Almost 100pc of respondents expect Irish property prices to fall in the fourth quarter of the year for shops, offices and warehousing units.. The Royal Institute of Chartered Surveyors Q3 global commercial property survey is based on the views among members of the profession in Ireland, the UK and around the world.. Indepenent..

    Original link path: /News/Details.asp?id=265
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  • Title: Irish Property News
    Descriptive info: 11/11: UK home values 'to plummet 50pc from peak'.. A conference of the Royal Institute of Chartered Surveyors (RICS) was told that about £100bn ( 125bn) could be wiped off the value of UK properties.. The outlook is almost equally severe for the City of London.. Kirin Patel, global head of research at fund manager AXA REIM, said that there was still a big gap between the "fair value" the fund was prepared to pay and the current prices quoted in the market..

    Original link path: /News/Details.asp?id=264
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  • Title: Irish Property News
    Descriptive info: 11/11: Property Investors lose out as lenders fail to paa on rate cut.. Building societies Irish Nationwide and Haven/EBS have decided not to pass on recent cuts in the European Central Bank (ECB) rates to property investor customers who have standard variable rate mortgages.. A spokeswoman for EBS confirmed yesterday that the October cut in ECB rates was not passed on to buy-to-let investors.. The society is reviewing whether or not to pass on last week's rate cut to investors with standard variable rate mortgages..

    Original link path: /News/Details.asp?id=263
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    Archived pages: 512