The 2016 Census revealed that almost half a million Irish households are now rental properties, a marked increase on the 2011 figure. When commercial rental property is added to the…
In today’s Irish Times Property Clinic supplement some interesting questions are addressed about Self-Management of Multi-Unit Developments by OMCs (Owner’s Management Companies) and the pitfalls that should be avoided by such an undertaking. i.e. Licensing requirements, Financial Controls, Protection for the OMC against negligent decisions etc.
Is it a good idea to overpay your mortgage at the moment, if you can afford it? There tends to be a huge focus on people who are struggling to meet their mortgage repayments.
Many people who bought a house in the last seven years, especially those who took out a 100pc mortgage, are certainly finding it difficult.
But others are managing to repay their mortgage and have benefited hugely from the still low, but rising, level of mortgage rates.