8th October 2018
Category: Property Industry News
17th September 2018
Northern Ireland house prices: market is strong with prices on the up
Northern Ireland house prices are the most confident in the UK after five years of growth and a prediction of further growth. An Ulster Bank & Royal Institution of Chartered Surveyors (RICS) survey of the residential market suggests that these figures do not match the peak of 2007. A further study from the Land & Property […]10th September 2018
Transformation of ex UTV building into student accommodation
Forming UTV building, Havelock House in south Belfast will become student accommodation after being recently purchased by a developer. This distinctive building sits on the City Centre end of the Ormeau Road. Havelock House was acquired by Olympian Homes who have recently finished a student accommodation. Olympian Homes built a 474-bedroom development of student housing […]27th August 2018
Northern Ireland first-time buyer loans hit a 13 year high
The latest figures have shown that the mortgage market has now hit its highest level in 13 years for first-time buyers. UK Finance, the trade association for finance and banking, has said that 2,700 first-time buyers purchased properties in the second quarter of the year. This represents a year on year increase of 12.5%. The […]14th August 2018
Belfast easyHotel officially opens its doors
The first easyHotel in Northern Ireland has opened ahead of schedule. The ‘super budget hotel’ is located on Howard Street in Belfast City Centre. Boasting four floors, free WiFi throughout and a range of rooms including family rooms, double rooms, superior rooms and facilities to cater for those with disabilities, attached to the entrance is […]10th August 2018
350 new homes to be constructed in Bangor
A multimillion pound development has commenced that will provide 350 new homes for Bangor. Developed by Lagan Homes, the Helens Wood project will be set on a 17-acre site surrounded by woodland and overlooking a 3.5 acre lake. The houses are expected to come with asking prices between £147,500 and £200,000. Lagan Homes have stated the […]7th August 2018
New development planned for Ormeau Road
A new mixed use development is planned for the former First Trust Bank on the Upper Ormeau Road in Belfast. A planning application, made by PWD Developments, is seeking to create a development which will incorporate a new retail and cafe development alongside eight apartments. The proposal includes three ground floor units set up for […]30th July 2018
Nambarrie Tea building bought for £2.5m by hotelier
Belfast’s famous Nambarrie Tea building has been acquired by a hotel firm in a deal worth £2.55m. The industrial building in Waring Street in the city’s Cathedral Quarter is thought to have attracted interest from at least four hotel companies before the successful bid – which was above the £2.2m asking price. The building spent […]17th July 2018
Strong growth predicted for NI property market
The price of Northern Ireland houses is predicted to rise by 4% over the next four years. The growth has been forecasted by PwC‘s latest UK Economic Outlook (UKEO). Northern Ireland is forecast to experience a boost of around 4%, with average house prices, currently around £128,000, reaching £154,000 by 2022. PwC said the local […]16th July 2018
