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Industry News

Hotel Sector Strong Despite Budget Uncertainty

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

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Stamp Duty Change Announced

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

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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.

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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.

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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.

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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.

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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.

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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

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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.

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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!

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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.

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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

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