11th February 2019
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Category: NI Property market
28th January 2019
Hagan Homes to complete 40 new homes at £5m Salmon Leap development
- in New Homes
14th December 2018
Work on new Ormeau Road apartments set to begin in May
After receiving planning approval on Tuesday evening, work to demolish the former Ballynafeigh PSNI Station on Belfast’s Ormeau Road is expected to begin in May 2019. Co Tyrone developer Knockburn Ltd is set to knock down the derelict structure and build 57 new apartments on the site. The full proposal includes two apartment blocks, three […]13th December 2018
NI housing market stays the strongest in UK
Northern Ireland house price rises are predicted to continue, meaning the housing market here remains the strongest performing among UK regions. According to the latest Royal Institution of Chartered Surveyors (RICS) and Ulster Bank Residential Market Survey, property prices fell across Great Britain for a third successive month in November. With 39% more respondents reporting […]7th December 2018
Two major Ormeau Road developments look set for planning green light
Two major developments on south Belfast’s Ormeau Road are likely to be granted planning approval this Tuesday. City council officials have already recommended green-lighting a proposal to demolish the former Ballynafeigh PSNI station to make way for a modern apartment complex. Cromac Quay Ltd’s £12m bid for a six-storey office block at the Gasworks end […]5th December 2018
Report reveals 10% growth in number of new NI homes
The number of completed new-build homes in the last year has grown by 10% to reach 7,100, according to a new report. The Northern Ireland Housing Statistics report, from the Department for Communities, showed there were 7,382 residential planning decisions made, of which just 6% were refusals. The report additionally demonstrated growth of 1% in […]30th November 2018
Titanic Quarter office building hits the market at £34m
The Gateway Offices, one of Titanic Quarter’s most prominent buildings, is on sale for £34m. The building is fully let to Citibank and houses the international bank’s support services operations. Made up of three connected accommodation blocks with a central courtyard, work on the building by owners Titanic Quarter was finished in 2009. CBRE has […]28th November 2018
Mortgage lending in NI on the increase
Mortgage lending is on the increase as activity in the housing market continues to grow. According to a report from umbrella group UK Finance, there was an increase of 3.8% in the number of first-time buyers to 2,700 during the third quarter compared to the previous year. The average first-time buyer here is 30, UK […]27th November 2018
Average NI house price up £6,000
The latest government report has revealed Northern Ireland’s average house price has grown by £6,000 over the last year to just over £135,000. Percentage growth of 4.8% for June to September this year – compared to the same time in 2017 – was the fastest annual growth since the beginning of 2017. The rise in […]20th November 2018
