Keeping you up to date with the latest news and opinions from the Northern Ireland property market

Recently added news and views

29

Jan

Tax powers 'will boost commercial property' in Northern Ireland

Posted on 29th January 2015  |   Add a comment

Tax powers 'will boost commercial property' in Northern Ireland

  Northern Ireland saw major commercial property investment in 2014 - and the prospect of devolution of corporation tax means even better days could be around the corner.  Commercial property agents CBRE's 2015 Outlook said investment sales of £500m had been concluded in 2014 - while loan sales of £1.7bn had been reached by banks and financial institutions.  The firm's head of research,...

Read more
house icon

23

Jan

300,000 people buy their first home in biggest rise since 2007

Posted on 23rd January 2015  |   Add a comment

300,000 people buy their first home in biggest rise since 2007

More than 300,000 people took their first step on the property ladder in the UK last year, marking the highest number of first-time buyers seen since 2007, banks and building societies have reported. In total, an estimated £205.6bn worth of mortgages were handed out last year to all types of borrower, marking the largest amount lent since 2008, the Council of...

Read more
house icon

22

Jan

Confidence Returns as Vacancy Rates Fall

Posted on 22nd January 2015  |   Add a comment

Confidence Returns as Vacancy Rates Fall

The 2014 Northern Ireland Commercial Property Report has revealed that retail vacancy rates across towns and cities have fallen to 17.7% in 2014 from 19.1% the previous year. The report, published today by leading commercial property agents Lisney, is the most comprehensive and longest established study of the commercial property market in Northern Ireland across investments, retail, office and industrial sectors. Headline...

Read more
house icon

15

Jan

House prices to increase faster than rest of UK, predict experts

Posted on 15th January 2015  |   Add a comment

House prices to increase faster than rest of UK, predict experts

The increase in house prices in Northern Ireland is expected to continue this year with experts saying values here will increase quicker than anywhere else in the UK. The price of a typical property is predicted to rise by 4% in 2015 - above the 3% average for England, Scotland and Wales, according to the latest RICS and Ulster Bank Residential...

Read more
house icon

12

Jan

Pinkertons honoured At The ‘Oscars’ Of The Industry

Posted on 12th January 2015  |   Add a comment

Pinkertons honoured At The ‘Oscars’ Of The Industry

Pinkertons finished off 2014 in tremendous style by receiving the ultimate industry accolade, on Friday 5th December at the UK Estate Agency of The Year Awards in association with The Sunday Times and The Times, held at the lavish Lancaster Hotel in Kensington London. This award will accompany the two scooped by Pinkertons in June at the UK Letting Agency of...

Read more
house icon

9

Jan

Rodgers & Browne acquire City Centre estate agency

Posted on 9th January 2015  |   Add a comment

Rodgers & Browne acquire City Centre estate agency

Rodgers & Browne Rentals & Management is delighted to confirm that it has acquired Lough & Quay Estate Agents, Belfast. The acquisition consists of their extensive rental and management portfolio based largely in Belfast City Centre and suburbs, and is the perfect compliment to the existing collection of residential properties currently let and managed by Rodgers & Browne. Michael Rodgers, Partner at...

Read more
house icon

8

Jan

Barclays in mortgage rate move

Posted on 8th January 2015  |   Add a comment

Barclays in mortgage rate move

Competition to attract home owners looking to take shelter from interest rate rises for the next decade has intensified, with a bank launching the lowest 10-year fixed mortgage rate that experts have ever seen. From today, Barclays will cut the rate on a 10-year mortgage deal it is offering from 3.45% to 2.99%. Borrowers will need a deposit or equity of...

Read more
house icon

8

Jan

Commercial property sales making a return to form

Posted on 8th January 2015  |   Add a comment

Commercial property sales making a return to form

Up to £300m in investment property assets are on the verge of sale in Northern Ireland as the sector marked a return to form in 2014. According to agents Savills in Northern Ireland, there were £500m in investment property deals in the region in 2014 - a figure which does not include loan sales by banks to financial institutions. Notable investment deals...

Read more
house icon

17

Dec

Northern Ireland house prices lowest in UK

Posted on 17th December 2014  |   Add a comment

Northern Ireland house prices lowest in UK

Property values in Northern Ireland increased by 4.9% in the year to October - though the stratospheric growth elsewhere means the region still has the UK's lowest-price homes. The Office for National Statistics (ONS) data showed Northern Ireland joined Scotland with the joint lowest rate of house price growthfor the 12-month period. England was storming ahead with house price inflation of 10.8%,...

Read more
house icon

10

Dec

Antrim mansion earmarked for huge golf resort sells for £5m-plus

Posted on 10th December 2014  |   Add a comment

Antrim mansion earmarked for huge golf resort sells for £5m-plus

A stately pile and surrounding lands in Co Antrim bought by the firm owned by medical millionaire Peter FitzGerald went for well over the £5m asking price, sources have revealed. It is thought that the sale is one of the largest private property sales made anywhere on the island of Ireland this year. And it was the single largest transaction in Northern...

Read more
house icon

Follow

Categories

Archive

Subscribe

Part of the Independent News and Media group