Property Industry News

This aerial image highlights the proposed site for the new housing development by Braidwater Group

The Braidwater Group reveals £450m investment plan

The Braidwater Group has announced plans for a significant £450million investment in a mixed-used development. Set on a site of circa 250 acres in Derry / Londonderry, this development is to be known as ‘The Cashel.’

The rooftops of houses with an orange sky behind them. Image used in the Housing market in Northern Ireland is gaining strength blog post

Housing market in Northern Ireland is gaining strength

According to a key survey, the housing market in Northern Ireland has bounced back after a 3-month lockdown with a rebound in activity and interest. Today’s report from the Royal Institution of Chartered Surveyors (ROCS) and Ulster Bank highlighted that there has been a rise in enquiries from new buyers and an increase in new sales.

Young couple at home with cardboard boxes. This signifies that they are moving home. Image used in the A guide to moving home during Coronavirus in Northern Ireland blog post.

A guide to moving home during the Coronavirus outbreak

On Monday 15th June, the Northern Ireland property market reopened after 11 weeks in lockdown. Homeowners are now able to market their property; buyers have the option to view their potential new home and conveyancers and removals firms are restarting their businesses. Within this guide to moving home during the Coronavirus outbreak, you will find advice and guidelines from the government which will help to ensure a safe return to the property market.

Image of Victoria Pinkerton, Propertymark Executive for Northern Ireland.

Propertymark NAEA: positive outlook for Northern Ireland housing market

Across the board our members are seeing high levels of interest in both sales and lettings and it’s fair to say that Pre Covid-19, the housing market was very stable. It is clearly evident that the demand will still be there after restrictions are relaxed. Interest rates are low and banks have the liquidity to fund suitable borrowers.

The exterior of Custom House in Belfast

Belfast’s iconic Custom House on the market

One of Belfast’s most iconic buildings, Custom House, has been put on the property market after its previous occupiers moved out. Located in a prominent location, fronting onto Custom House Square at Donegall Quay, this Grade B+ listed building has been put up for sale after the relocation of HM Revenue and Customs (HMRC) to Erskine House in January.