Monday, 6th July 2015
Social media Waterford Today on Twitter Waterford Today on Facebook

Wednesday, 8th October 2014

Ferrybank for just €130,000!

This lovely three bedroom home is located in the small development of Ashbrook, at the top of the Rockshire Road, close to Waterford Golf Club. Built around 2002, this lovely semi-detached property overlooks an open green area, and is presented in walk-in decorative condition. It features gas fired central heating, double glazing, and solid timber hardwood external doors. The property features energy efficient timber frame construction, resulting in an above-average C3 BER energy rating.

Internally, the property provides a livingroom, kitchen diner, utility room, three bedrooms and the main bathroom. The master bedroom features built in storage and an en-suite shower room. The rear garden is private and secure, with a shed and a mixture of mature shrubbery. The side entrance is extra wide, thus providing space for a possible future extension, subject to planning approval.

This property features

Read More »

Wednesday, 8th October 2014

Asking prices for houses in both Waterford city and county continued to fall in Q 3 according to the latest property report from Myhome.ie.

The median asking price in the city fell 3.5% to €111K while prices in the county fell 3.2% to €150K. Waterford city has the lowest asking price of any of the urban areas.

However the price of the most popular house type, the 3 bed semi showed signs of stabilising while the price of 4 bed semis grew by almost 2%.

The price of a 4 bed semi rose by 1.9% to €158K while the price of a 3 bed semi remained unchanged at €130K.

Nationally asking prices for 3 bed semis rose in 12 counties remained the same in 4 and fell in 10 counties. For four beds prices rose in 14 counties remained the same in 4 and

Read More »

Wednesday, 8th October 2014

The Showboat, 18 The Glen, WaterforD

Under the instruction of Ken Fennell, Receiver and Manager

On the market this week with Sherry FitzGerald John Rohan in Waterford is one of Waterford city's best known licensed premises, The Showboat. This property is a substantial residential licensed premises approximately 1350 sq m on a considerable site with long term development potential and enjoys a prominent position in a central location in the city. The property is presented throughout in excellent trading condition capable of enjoying a volume profitable business.

Situated at the junction of The Glen and Penrose Lane, The Showboat enjoys a highly visible trading position within an established and densely populated district. Located approximately 200 metres south of The Quay, 100 metres from Summerhill, Thomas Street and Ballybricken, and approximately 300 metres from the City Centre shopping district. Occupiers in the immediate area

Read More »

Wednesday, 8th October 2014

Construction In Waterford - Ciara Conway

Labour's Ciara Conway says that construction in Waterford will receive a boost with the announcement of a new vacant site levy by Environment Minister Alan Kelly today.

"At a time when we need to get the local construction industry moving, we can't tolerate a situation where developers are sitting on empty land banks.

"To this end, the new vacant site levy is to be welcomed. The local authority is being empowered to slap a 3% annual levy on property owners who leave a site vacant and underused.

As well as giving the owner an incentive to use the land for construction, the move provides a new funding stream for the Waterford City and County Council, as it applies to properties where no rates are currently being paid."

"This is just one of a suite of new planning measures Minister

Read More »

Wednesday, 1st October 2014

John Smiles

Qualified Financial Advisor

How safe are Life

Insurance Companies?

The Central Bank of Ireland regulates the solvency of Irish life companies. Life companies who operate as a branch of a foreign life company are regulated by the authorities in that life company's home State. Standard Life operates here as a branch of Standard Life in the UK, whose solvency is regulated by the FCA in the UK. The solvency of all life companies in the EU is regulated according to a common set of EU rules and regulations.

There are a number of layers of protection in place in terms of the money that insurers must set aside to be able to meet liabilities to policyholders.

When an Insurer issues a life policy it creates both an asset – the premium payable and a liability – the potential pay-out on death. The life company

Read More »

Wednesday, 1st October 2014

On the market with Sherry FitzGerald John Rohan in Waterford is a compact holding of circa 183 acres in one lot. The site is situated on the coast road leading from Tramore to Dunmore East (R585)and is immediately adjacent to the well known Back Strand, Tramore. It lies c 3 kms from Tramore town, c 10kms from Waterford city, 4kms from Waterford Airport and 11kms from Dunmore East.

According to selling agent John Rohan the land comprises a former horse racing track formed of circa 165 acres of good quality arable land, ideal for grazing and the remainder being ditches and reservoirs. The site is set out as a grassed and cambered oval course with the track area itself being raised approximately 1 metre above the balance of the land.

The land has the benefit of two access points, one being from

Read More »

Wednesday, 1st October 2014

The State should ensure that every person living in it has access to good quality accommodation at an affordable price.

The Irish Property Owners Association (IPOA) believe this is usually done through a combination of more social housing, more rental accommodation and increased building where more accommodation is required. Chairman of the IPOA, Stephen Faughnan said that there is a perception that the private rental sector is responsible for all housing difficulties and is the landlords' fault. "Landlords are clearly part of the solution," he said. "The State has not built sufficient social housing which means that more people are looking to the private rental sector. The current Rent Supplement system is not fit for purpose and people who need assistance in paying for their accommodation are suffering."

Between 2006 and 2011, the private rental sector doubled in size. "The State needs

Read More »

Wednesday, 24th September 2014

John Smiles

Qualified Financial Advisor

What is the Protected Disclosures Act 2014?

The Protected Disclosures Act 2014 was brought into law on 15 July 2014. It provides protection for workers who report concerns about wrongdoing in the public, private and non-profit sectors (i.e. "whistle-blowers"). The objective of the Act is to enable workers to make disclosures without fear of suffering consequential detriment. The broader objective of the Act is to promote a culture of public accountability and openness and to improve Ireland's international reputation for transparency.

If an employee becomes aware of a wrongdoing, they may report the wrongdoing to their employer or, in certain circumstances, elsewhere. Once a disclosure is made that complies with the Act, the person disclosing the wrongdoing is protected against victimisation and from most civil proceedings. Anonymous disclosures are also protected.

The Act protects a "worker" - defined as not

Read More »

Wednesday, 24th September 2014

The average rent for all dwellings let in County Waterford in the second quarter of this year, and which were registered with the Private Residential Tenancies Board (PRTB), was €537. That was down €8 when compared to the prevailing average rent in the second quarter of last year, when the amount was €545.

These findings are drawn from the PRTB's Average Rent Dataset, which is part of a comprehensive Rent Index which is compiled for the board by the Economic and Social Research Institute (ESRI). It is important to bear in mind that the average rent cited above is based on rents registered with the PRTB for all dwelling types (houses and apartments; one, two or more rooms).

However, if people are interested in seeing the rent that applies to different dwelling types (number of bedrooms) and for different locations, they can

Read More »

Wednesday, 17th September 2014

John Smiles

Qualified Financial Advisor

Neither a borrower nor a lender be . . .

A new book, "House of Debt" written by Atif Mian and Amir Sufi, economics professors at Princeton and the University of Chicago respectively, is causing a stir in financial circles by providing a non-consensus view of what caused the great recession and the wider lessons that can be learned following the crash. They challenge the big banking view which is that the accumulation of debt in the first instance is not the problem - the problem is that we’ve stopped the flow of debt. The banking view is: "If we can just get the banks to start lending to households and businesses again, everything will be alright. If we save the banks, we will save the economy.

US household debt doubled between the years 2000-2007, from $7trillion to $14trillion

Read More »

Facebook

Letters to the Editor

  • Our View

    Worst NightmareHolidays are supposed to be a time of total relaxation where you go to a sunny destination and do nothing but lie in the sun and put your day-to-day cares behind you.  It is no wonder then that the terrorist attack on a tourist hotel in Tunisia just last week in which numerous people were killed, including three Irish citizens, has hit a nerve with so many people.Of course it has had a terrible impact on all of the tourists involved but the repercussions of the terrorist attack will …

    read more »

Weekly Poll