Housing Rights free mediation service for private rented sector
Housing Rights are piloting Northern Ireland’s first housing mediation service for the private rented sector to help resolve disputes without the cost of going to Court.
Tag: Property market news
Stamp duty holiday extended for Northern Ireland buyers
Chancellor Rishi Sunak’s decision to extend the stamp duty holiday, on all homes under £500,000 until the 30th June 2021, will save home buyers thousands of pounds.
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.’
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.
House sales in Northern Ireland rise after lockdown
Approximately 9,000 homes are for sale across Northern Ireland as the demand from buyers and vendors to relocate after the Coronavirus lockdown continues.
NI housing market bounces back after lockdown
Estate agents in Northern Ireland have reported record viewing numbers and bumper sales since the reopening of the housing market last month.
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.
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.
House price index: Increase in Northern Ireland house prices
House prices increased across all 11 Northern Ireland council areas in 2019, as the region generally outperformed the rest of the UK, new data highlights. The latest House Price Index shows that the average Northern Ireland house price rose by 2.5 percent to £140,190 over the last 12 months (Q4 2018 – Q4 2019). The largest increase in property styles was detached homes (up 3.7 percent), semi-detached homes (up 3.1 percent) and terraced homes (up 1.8 percent)
Northern Ireland’s commercial property market ends 2019 on a high
The sales of well-known shopping sites including Sprucefield Retail Park helped Northern Ireland’s commercial property sector end 2019 in a better position than once anticipated, it has been claimed. A report by commercial property agency CBRE highlighted that the investment market witnessed an increase in transaction volumes year-on-year. Almost £212m was invested over 32 separate transactions last year.
