Sales of £1million homes in Northern Ireland have increased since the start of 2020 despite lockdown, according to new data from Savills and TwentyCi. If you are looking for a millionaire mansion, now might be a good time to start your search!
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.
Chancellor, Rishi Sunak, announced a temporary stamp duty holiday on all homes under £500,000. This will come into effect immediately. The level at which the tax is charged has been temporarily raised to £500,000 until 31st March 2021, helping to boost the property market and aid individuals who are struggling to buy due to the Coronavirus outbreak.
The latest research from Ulster University shows that the average house price in Northern Ireland is at its highest level for over a decade. Latest analysis indicates that the average price of houses sold throughout the third quarter of 2019 was £171,763. This is a 5% increase when compared to the same period last year. It is also an increase of 5.7% when compared to the second quarter of 2019.
House prices in Northern Ireland have risen over the past year. The average house price in Northern Ireland has increased by 3.4%. This growth is higher than what any other area of the UK witnessed. According to Nationwide Building Society, £144,053 is now the average price paid for a house in Northern Ireland.
With the final series of Game of Thrones fast approaching, Propertynews.com are showcasing 5 listings across Northern Ireland that have links to the hit HBO show. From The Dark Hedges to the North Wall, the Cushendun Caves to Gosford Castle, these listings are sure to appeal to Game of Thrones fans! Golf Club Lane from […]
The second phase of a major private housing development in South Belfast is under way. Ballyclare based developers, Hagan Homes, said the second stage of the £10.5m development will produce 14 three-bedroom semi-detached dwellings. The prices will start from £145,000. Once complete, this project will consist of 76 high quality homes built in the Kitchener […]
Work has now finished on Belfast’s newest apartment block on the Ormeau Road. Bristol based development company, Barnett Developments, have fully launched the £19m development, Portland 88. The properties feature smart technology and a car lift for residents use. The company has highlighted that over 50% of the apartments sold before the official launch of […]