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shovel ready

Your vital round-up of property news from the week

Everything you need to know in one quick guided tour.

shutterstock_213438673 Shutterstock / mubus7 Shutterstock / mubus7 / mubus7

THIS WEEK THERE was some good news for people searching for a mortgage.

Ulster Bank announced plans to cut their rates for both new and existing customers.

There was also some discussion about the placement of a homeless hostel in central Dublin – and whether the cost of the project was justified.

The Big Movers

Cheaper mortgages

This week Ulster Bank announced it would be cutting both their fixed and variable rate mortgages.

It follows cuts to mortgage rates by Permanent TSB and the Bank of Ireland last month. While these two banks are only extending the savings to new customers – current customers of Ulster Bank will be able to avail of their new rates.

mortgage table How the bank's new rates will look Ulster Bank Ulster Bank

The bank’s standard variable rate will be cut by 0.20% while its fixed rates will be reduced by between 0.41% and 0.24%.

Irish Water 

As could be expected, there was much confusion in the run up to the Irish Water registration deadline.

People were uncertain whether failing to register in time would result in a fine. The Minister Alan Kelly came out and said that Monday’s deadline should more be seen as an “administrative date”.

alan kelly The Minister on RTÉ's Six One News earlier in the week RTÉ News RTÉ News

He said that while there is no fine in place for those who do not register – they will be issued with the default charge of €260.


There was some controversy on social media after a Dublin Fine Gael councillor referred to homelessness as a ‘buzz issue’ at a council meeting.

It came after the council voted in favour of forty-person homeless hostel to be placed in Dublin’s Georgian quarter. Councillor Kate O’Connell explained via Twitter why she would not be supporting the move.

Speaking to, O’Connell explained the reasons for her vote were purely economical.

Under Construction

groovy house Ireland's grooviest house?

Des res

With things starting to take on a more prosperous look around the country – maybe now is a good time to look back on the Celtic Tiger-era. In a new exhibition by Johnny Savage – the discarded buildings of the time are captured in a series of eerie twilight photographs.

Your vital round-up of property news from the week
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  • The buildings the Celtic Tiger abandoned

    Source: Johnny Savage
  • The buildings the Celtic Tiger abandoned

  • The buildings the Celtic Tiger abandoned

  • The buildings the Celtic Tiger abandoned

  • The buildings the Celtic Tiger abandoned

  • The buildings the Celtic Tiger abandoned

And finally…

Beauty is in the eye of the beholder… as the old expression goes. That certainly applies to the buildings that have most recently been given a Grade 2 listing by English Heritage. The buildings across the UK are office blocks constructed between 1964 and 1984.

On making the office blocks listed buildings, English Heritage has said, “office buildings shape the face of our cities and today’s listings have ensured that this area of architectural achievement is recognised for future generations.”

gateway house Mountbatten House in Basingstoke which was built in the 1970s James O. Davies / English Heritage James O. Davies / English Heritage / English Heritage

Read: After weeks of boredom, the banking inquiry could get very interesting today…

Also: Are your local roads ‘in shite’? That may be fixed soon…