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

Showing all blog posts filed under Industry News

26

Oct

Houses in Belfast take 96 Days to Sell: Study

Posted on 26th October 2016  |   Add a comment

Houses in Belfast take 96 Days to Sell: Study

THE average home in Belfast takes nearly 100 days to sell — while a seller in Bristol or Edinburgh can expect their property to be displaying a “sold” sign in around half that length of time, research has found. Across the UK, a home will typically sit on the market for 91 days before it is sold, according to the study...

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3

Oct

Northern Ireland Fire Safety Week October 2016

Posted on 3rd October 2016  |   Add a comment

Northern Ireland Fire Safety Week October 2016

Between October 3rd & October 9th it’s Fire Safety Week in Northern Ireland. Northern Ireland is one of the safest places to live in terms of risk of death from fire. Over 98% of people already have a smoke alarm in their home, but the questions is do they work? If you smoke alarm was activated would you know what to do or...

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3

Oct

Northern Ireland Ghost Estate Purchased by the Housing Associate for £2.3m

Posted on 3rd October 2016  |   Add a comment

Northern Ireland Ghost Estate Purchased by the Housing Associate for £2.3m

One of Northern Ireland’s ghost estates has been completed and sold for £2.3m, just under 10 years after the property market crash, the developers have announced. Work on the Scotch Quarter in Carrickfergus started in 2008, but was abandoned after one year due to the recovery failure of the property market. Almost 10 years later, the new developer Hagan Homes, has finished...

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30

Sep

Unwanted Guests for this Belfast Family

Posted on 30th September 2016  |   Add a comment

Unwanted Guests for this Belfast Family

A Belfast family have been forced to move out of their home after catching a whopping 19 rats in 24 hours. Michael & Paula McCann along with their two young children returned home from a family holiday to discover their loving home infested by furry rodents. Wires from their electrical appliances had been chewed through and the floor was covered in rat...

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30

Sep

Help to Buy Mortgage Guarantee Scheme Confirmed as Finishing by the End of the Year

Posted on 30th September 2016  |   Add a comment

Help to Buy Mortgage Guarantee Scheme Confirmed as Finishing by the End of the Year

The UK Government has confirmed the ending of one of David Cameron’s flagship housing policies; Help to Buy Mortgage scheme. While some officials have commented that it is a U-turn, researchers have highlighted that this particular part of the Help to Buy Scheme was always going to end on December 31. In a letter sent to the Bank of England yesterday, Chancellor...

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23

Sep

The Older Generation are Happy to see House Prices Fall if it Helps Young People

Posted on 23rd September 2016  |   Add a comment

The Older Generation are Happy to see House Prices Fall if it Helps Young People

A survey outlines that 62% of home owners aged over 55 would accept either no growth or a decrease in house prices if it resulted in the younger generation being able to purchase a home. The poll which was conducted by the National Housing Federation highlights 62% of home owners who are aged 55 or over be happy to accept either...

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22

Sep

New Channel 4 property show 'Best of Both Worlds' is Looking for House Hunters in Northern Ireland

Posted on 22nd September 2016  |   Add a comment

New Channel 4 property show 'Best of Both Worlds' is Looking for House Hunters in Northern Ireland

A new Channel 4 property show, Best of Both Worlds, with property expert Lucy Alexander, is looking for house hunters in Northern Ireland. The programme is the perfect opportunity for people who want to a change of lifestyle, whether it’s taking the plunge and leaving the city limits behind in favour of relocation to a leafier lifestyle or upping sticks from...

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21

Sep

NI house Prices on the Rise but Growth still Falling Behind Rest of UK

Posted on 21st September 2016  |   Add a comment

NI house Prices on the Rise but Growth still Falling Behind Rest of UK

The cost of buying a house in Northern Ireland has increased by more than 4% in three months. The average price of a home has increased to £123,000 according to the Office of National Statistics (ONS) for July. This has increased from £118,000 in May and the figures stabilised in June. Throughout the UK the average price of a house have risen by...

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20

Sep

Halifax Reports House Prices in the UK fell in August

Posted on 20th September 2016  |   Add a comment

Halifax Reports House Prices in the UK fell in August

Throughout the signs of a slowdown in house sales during the summer season, according to the UK’s largest lender, UK house prices have fallen. Over the month of August, house prices fell by 0.2% equating to an average of £213,930 Halifax reported. The price drop came after a 1.1% decrease in July which overall pushed the annual rate of growth down by...

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20

Sep

First Shared Ownership Week for Northern Ireland

Posted on 20th September 2016  |   Add a comment

First Shared Ownership Week for Northern Ireland

Co-Ownership Housing has launched its first ever Shared Ownership week in Northern Ireland. Their new campaign has been running between 15th – 21st of September and it is dedicated to raising awareness of share ownership as an affordable home ownership solution for first time buyers looking to get on the property ladder. A new website has been published at www.sharedownershipni.co.uk and this...

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