PropertyPal

Back to

News & Analysis

Industry News

Hotel Sector Strong Despite Budget Uncertainty

CBRE NI reports strong hotel sector growth in Q3, with RevPAR up 8% despite market challenges.

Stamp Duty Change Announced

In the latest Budget, Chancellor Rachel Reeves revealed an increase in Stamp Duty for second home buyers.

NI Housing Market Activity Surge: Q4 2024

Northern Ireland housing market activity is surging, with sales up 18% year on year. Stay tuned for the upcoming PropertyPal Q3 report for more insights.

Base Rate Cut to 4.75%

Bank of England cuts base rate from 5.25% to 5%, the first reduction in 4 years, to ease inflation and boost growth.

How Cost of Living Crisis Affects Home Buyers

Discover how the cost of living crisis is impacting home buyers in Northern Ireland, influencing property budgets, preferences, and market behaviour.

First-Time Buyer Deposit Trends in NI

Our research at PropertyPal shows how first-time buyers in Northern Ireland plan deposits, financing, and choose between solo or partner purchases.

New Safety Standards for NI Rentals in 2024

Learn about the new safety requirements for smoke, heat, and carbon monoxide alarms in private rental properties across Northern Ireland.

How Did We Get Here? The Housing Crisis Explained

Northern Ireland faces a critical housing crisis driven by supply-demand imbalance, rising costs, and growing inequality. Learn the factors behind this crisis

First-Time Buyers vs. Movers: Trends & Preferences

Discover what's driving first-time buyers and home movers in NI—where they want to live, the homes they love, and trends shaping the property market.

National Conveyancing Week

There’s no denying that people often groan when it comes to ‘the legal bit’ of buying or selling a property. We get it!

Rising Interest Rates and the NI Property Market

Recent interest rate increases by the Bank of England have led to higher mortgage costs in Northern Ireland, affecting both first-time buyers and investors, with many facing reduced affordability and reconsidering their purchasing decisions. Additionally, lenders have adjusted their mortgage offerings, introducing stricter lending criteria and limiting options for borrowers.

Understanding Shared Ownership

In recognition of Shared Ownership Week, Co-Ownership highlighted the advantages of shared ownership as a practical path to home ownership. Whether you’re a first-time buyer, struggling to save for a