Tuesday, 9th February 2016
Social media Waterford Today on Twitter Waterford Today on Facebook

Wednesday, 20th May 2015

Well known Waterford licensed premises The Candy Store has been sold by Sherry FitzGerald John Rohan. Located in St Johns Park on the outskirts of the city, The Candy Store occupies a prominent corner trading position in a densely populated residential area close to the Inner and Outer ring roads, Kilcohan Greyhound Track together with mature and newer residential developments.

The property is a large and extensive two storey licensed premises fitted out in traditional style and presented in good condition throughout. Accommodation approx 360 square meters comprises of front lounge, games room, rear lounge, store, ladies and gents WC, cool room/keg store, seven further rooms and outside smoking area.

John Rohan of Sherry FitzGerald John Rohan who handled the sale stated that the sale of The Candy Store presented an excellent opportunity to acquire a popular and well run licensed premises

Read More »

Wednesday, 20th May 2015

Fine Gael Waterford Minister Paudie Coffey has welcomed the announcement that the framework to support mortgage holders in arrears has been strengthened. Minister Coffey said while the number of people in mortgage difficulties has decreased significantly it is good news that those still in difficulty are being provided with a stronger options to assist them deal with their arrears issues and stay in their own homes.

“The Government will give the Courts the power to review and approve insolvency deals that have been rejected by the banks where the court deems it appropriate and therefore this measure takes the final decision out of the hands of the bank. These new powers will be in place before the summer recess.

“The mortgage arrears crisis was another legacy issue that this government inherited as a result of the Banking and Property bubble collapse. Since

Read More »

Wednesday, 13th May 2015

John Smiles

Qualified Financial Advisor

Are you among the financially illiterate?

To find out, answer these three questions.

Question 1: Suppose you had €100 in a savings account and the interest rate was 2% per year. After five years, how much do you think you would have in the account if you left the money to grow?

A. More than €102

B. Exactly €102

C. Less than €102

Question 2: Imagine that the interest rate on your savings account was 1% per year and inflation was 2% per year. After one year, how much would you be able to buy with the money in this account?

A. More than today

B. Exactly the same

C. Less than today

Question 3: Please tell me whether this statement is true or false: "Buying a single company’s stock usually provides a safer return than investing in a mutual fund."

- True

- False

The correct answers are below.

Researchers

Read More »

Wednesday, 13th May 2015

There were fewer properties available to rent nationwide on 1st May 2015 than at any point since 2006, according to the latest quarterly Rental Report by Daft.ie. There were just 4,300 properties available to rent nationwide in early May 2015, compared to 7,200 on the same day a year previously. The figure for May 1 is the lowest since the series was started in January 2006; the highest was in mid-2009, when there were almost 24,000 properties available to rent nationwide.

Regarding rental prices, year-on-year inflation in rents nationwide continued to ease slightly in the first three months of 2015. The national average rent between January and March was just over €960. That’s 8.2% higher than at the same point last year however, it is down from the 10.4% increase in mid-2014.

This national trend is being driven by a slow-down in

Read More »

Wednesday, 13th May 2015

Having lobbied for a new urban regeneration scheme for Waterford to be extended beyond Georgian buildings to all pre-1915 properties, Deputy John Deasy says the revised

Living City Initiative launched last week means hundreds of additional residences will qualify for the incentives.

"To definitively determine whether their property is included in the scheme people should contact Waterford City and County Council’s Economic Development team," he said. "The map is strictly defined and there are stringent criteria and various restrictions/options that should be studied."

Aimed at revitalising run-down town centres, the scheme will see two types of tax allowances applied to works carried out to century-old houses and certain commercial properties within a specific zone, whose scope is wider than originally intended.

Drawn up by the Department of Finance in consultation with the local Council and Revenue, the Waterford ‘special regeneration area’ — which will

Read More »

Wednesday, 6th May 2015

John Smiles

Qualified Financial Advisor

Water, water, everywhere, nor any drop to drink

The current water charges campaign is all about who should pay but at least Ireland can look forward to having plenty of clean drinking water. It is much different elsewhere.

In California, disagreement has broken out between leading agribusiness chiefs over the cultivation of almonds. At the recent FT Commodities Global Conference in Lausanne, Switzerland, David MacLennan, chief executive of Cargill claimed that due to the worst drought in decades, California should restrict the growing of almonds which he says are responsible to using up 10% of the state's water. He believes it has become a case of "people versus almonds".

California accounts for 80% of global almond supplies and demand for almonds and other nuts has grown sharply over the past few years because of widely cited health benefits. Almonds contain

Read More »

Wednesday, 6th May 2015

for sale in Kill, Co. Waterford

A beautiful, and truly unique, timber log house, designed and manufactured by leading Finnish supplier, Harkomajet. Imported in "kit" form the property was assembled on-site in 2004 for its current owners who had it adapted to their own bespoke needs. Designed and built to high level of Scandinavian standards of insulation, the property boasts an impressive B2 BER rating. Internal accommodating provides 230m2 / 2500ft2 of flexible living space over 2 floors.

The ground floor accommodation comprises of a porch, large open-plan living-dining room, breakfast kitchen, conservatory, utility room, office/playroom/den and the fourth bedroom with an adjacent bathroom. A south-facing sun room leads out onto the rear garden.

The upper accommodation comprises of a large main bedroom with lounge/reading area, two further double bedrooms and a large bathroom. The property features oil fired central heating.

The house is

Read More »

Wednesday, 6th May 2015

11 Bramble way, foxwood, Waterford

11 Bramble Way, Foxwood is new to the market with Sherry FitzGerald John Rohan and provides an exceptionally well kept home situated on the front row of the popular development. Tastefully decorated and with an enviable BER rating of B2, this lovely home enjoys an excellent use of space and light and has great privacy to front and rear. Conveniently located immediately adjacent to the Outer Ring Road, the property is an equally short distance from the Cork Road and all amenities to include Tesco, Waterford Institute of Technology, Waterford Industrial Estate and a choice of great schools.

Accommodation includes an entrance hall with smartly tiled floor, generous living room with box window, cosy open fire and low maintenance laminate floor. The open plan kitchen/dining room with stunning white units is situated to the rear of the

Read More »

Wednesday, 29th April 2015

John Smiles

Qualified Financial Advisor

What is the outlook for house prices?

Having experienced a few years of double digit increases in house prices, mainly in Dublin, the recovery from the collapse of 2007 has begun to slow down.

Davy Asset Management published their forecasts for Irish house price inflation and new mortgage lending.

Davy expects residential property price inflation to slow to 9% in 2015 and to 5% in 2016. Overall, they expect Irish house prices will rise only to 25% below their 2007 peak levels by 2019.

The reason they expect house price inflation to slow is because affordability has become increasingly stretched. At 5 times average incomes, Irish house prices are now valued at similar multiples to the UK. In addition, the new Central Bank rules limiting the amount of mortgage loans with high loan-to-income (LTI) and loan-to-value (LTV) ratios will help to

Read More »

Wednesday, 29th April 2015

The Women's Gaelic Players Association (WGPA) and the Gaelic Players Association (GPA) announced the first graduate business scholarship programme for both male and female county GAA players at a launch event at Waterford Institute of Technology's Carriganore Sports Campus today.

The School of Business at WIT are providing four scholarships on the Institute's flagship Master of Business Administration (MBA) or on one of the streams on the Master of Business Studies (MBS), two for GPA members and two for members of the recently formed WGPA

Speaking about the programme, Dr Tom O'Toole, Head of the School of Business said: "High level sports achievement and business are intrinsically linked. The dedication to excellence of the women and men Gaelic players is legendary and we are delighted to announce this initiative to support our national amateur sports people on this unique occasion."

According to Aoife

Read More »

Facebook

Letters to the Editor

  • Our View

    Final FiguresOne of the last opinion polls before the calling of the next election has just been published by The Sunday Business Post and although it might seem as if it has some substantive news about the various positions of the political parties closer analysis shows that things haven't really changed that much at all. Fine Gael is down a point as is Fianna Fáil while Labour, the Independents and the smaller parties are all up a fraction and Sinn Féin are non-movers.You would expect that any m …

    read more »

Weekly Poll