Happy New Year!

 We look forward to helping you in 2021 with all your property queries! 

Merry Christmas & Happy Holidays!

Dear our customers, 
Please note that all calls will be continued to be answered throughout the Christmas holidays. 

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The McPeake Team...
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Recent Review and Feedback.

We always welcome and appreciate client's feedback and reviews, as we strongly believe that our customer's perception is our reality. What they think about our service, MATTERS to us!

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The McPeake Team...
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Hello December! We are open!

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The McPeake Team...
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Property of the Week: No. 2 The Lawn, Roseville, Bettystown, Meath A92Y7X4

No 2 the Lawn, Roseville, a truly unique property within walking distance to the Village & easy access to the sandy coast line (300m away).
It is an exceptionally spacious (140 m² / 1507 ft²)4bedroom three storey semi detached property presented in turn key condition. This would make an ideal family home for life. It offers bright, spacious and well-appointed tastefully decorated accommodation throughout.

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The McPeake Team...
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Approvals for Government’s home loan scheme (Rebuilding Ireland) plummet 60%

Increase in interest rates for Rebuilding Ireland home loans has pushed out potential borrowers.

New figures from the Department of Housing show that approvals for the Rebuilding Ireland home loan scheme fell by 60%, draw downs fell by 50%.

Previously a successful applicant could borrow at a rate of 2 per cent over 25 years, a rate which significantly undercut those available in the market at the time. However, this rose to 2.745 per cent in January of this year, making the loans considerably less affordable, and decreasing the amount potential home-buyers can borrow. It also pitches the scheme substantially above market rates, with a rate of 1.95 per cent now available from Avant Money over seven years.

According to the figures, 235 home loans were approved in the first six months of the year at a total value of €38.2 million, with 283 loans drawn down at a value of €47.7 million.

This compares to 574 loans approved in the first six months of 2019 at a total value of €95.7 million, with 556 loans drawn down at a value of €93.9 million.

While applications for the scheme are not detailed in the department’s figures it’s likely that fewer people may have applied for the scheme given the impact of the Covid-19 pandemic on incomes, however, the decrease in approvals in the first quarter of 2020, before the pandemic hit, was significant at 37 per cent.

This suggests that the Government’s decision to increase the cost of the scheme has also hit potential applicants.

One of the most noted declines was seen in Dublin city, where the scheme had been popular. Last year 140 home-buyers were approved for the scheme in the first six months of the year; this year. however, just 56 were. Fingal, which covers areas like Swords and Castleknock to the north of the city, approved 49 loans in the first half of 2019, but just 19 in 2020.

For more details read full article: Approvals for Government’s home loan scheme plummet 60% (irishtimes.com)

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The McPeake Team...

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Recent feedback and comments!

We at McPeake Auctioneers value your feedback & use your comments to improve our standards. Here are some more recent responses Hilary Cummins received! Hilary would be glad to help you with any questions you have regarding your property! Call us on 01 8272300 or email info@mcpeakeauctioneers.com 

1. "Hi Hilary, It was a long way and I Thank You for your patience and dedication" THANK YOU SO VERY MUCH! Ian Gregorio 

2. " Hilary, Thanks a million for everything. Much appreciated. Best Wishes" Breda & Family