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 […]
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 […]
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 […]
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 […]
The Northern Ireland housing market is the best performing in UK, according to a survey today. The research by the Royal Institution of Chartered Surveyors (RICS) found that growth in prices in October defied a slump in the UK as a whole. Additionally, surveyors and estate agents in Northern Ireland were the most optimistic- with […]
One of Northern Ireland’s biggest house builders, Hagan Homes, has vowed to build 2,000 new homes over the next decade in a £300m investment. Founder and chairman of Hagan Homes, James Hagan, said he would build around 200 homes every year for a decade, which he announced as the company celebrates 30 years in business. Creating […]
Andras Hotels, a leading Belfast hotelier, has submitted plans to restore and refurbish the former Northern Bank building in Portrush. Situated on Main Street, the listed building is adjacent to the proposed new 87-bedroom Andras Hotel at the former Londonderry Hotel site. The project will feature six serviced apartments alongside a cafe bar with the […]
Proposals are being sought for the redevelopment of a disused yard at Glenarm harbour. In a major project aimed at helping the wider area’s regeneration, expressions of interest are being sought for the 1.2 acre Eglington Yard which faces New Road, part of the Causeway Coastal Route, and is directly opposite the new Tourist Information […]
A lack of supply did not hinder the growth of Northern Ireland house prices, which continued to rise over the summer with estate agents optimistic about the outlook for the market. Northern Ireland was one of only two UK regions where a rise in house sales had been reported, according to the RICS (Royal Institution […]
Plans for Belfast’s first ‘build to rent’ apartment scheme in the Cathedral Quarter have been given the nod by planners. Based in the city’s Academy Street, between Ulster University and The MAC, the £15m project is expected to create 110 jobs both directly and indirectly, during the construction phase and 25 when completed. A report […]