Latest news with #GlenveaghHomes
Irish Independent
5 days ago
- Business
- Irish Independent
De-zoned Louth site subject of application for 502 houses by Glenveagh Homes
Blackrock land is the subject of a judicial review The Argus Today at 01:00 Glenveagh Homes intends to submit a fresh application to build 502 homes on a site outside Dundalk that has recently been de-zoned by Louth County Council. A site notice confirming the Large Scale Residential (LRD) application was erected last week, outlining the company's intention to apply for a seven-year permission for 276 three-bed homes, 147 two bed houses, 40 one-bed maisonettes, 38 four-bed semi-detached homes and 1 three-bed bungalow.
The Journal
21-05-2025
- Business
- The Journal
This mortgage calculator does all the hard work for first-time buyers
BUYING YOUR FIRST home is sure to be one of the most exciting milestones of your life, as well as one of the biggest financial decisions you'll ever make. Making the journey smoother for first-time buyers is an essential part of Glenveagh's mission, which is why they have designed the free, easy-to-use Glenveagh Mortgage Calculator . With so many variables to take into account when deciding whether the home you want fits with your budget, the mortgage calculator can simplify your decision-making process by breaking down exactly what you can expect to pay, both in terms of deposit and monthly mortgage repayments. What sets the Glenveagh Mortgage Calculator apart from similar digital tools is the built-in functionality that allows you to see exactly how the Help to Buy scheme and First Home Scheme can help first-time buyers financially. The calculator is also unique in that it allows users to calculate their deposit payment and mortgage repayments when making use of the two support schemes in conjunction with one another. Glenveagh Homes / YouTube As you can see in the video above, the Glenveagh Mortgage Calculator is a digital tool with a user-friendly interface. All you need to do is enter some basic details, including house price, property type, local authority area, mortgage length and interest rates, and the calculator gives you a clear picture of what to expect from your mortgage. First-time buyers can also toggle the First Home Scheme and Help to Buy buttons on and off to see how these routes to payment can make a major difference for you. The calculator is available both on mobile and desktop. The Help to Buy scheme offers first-time buyers up to €30,000 as a tax rebate towards their deposit. The First Home Scheme provides additional support in the form of shared equity. When used in conjunction with the Help to Buy scheme, it can cover up to 20% of the property's value. If Help to Buy is not being used, it can even offer up to 30%. This scheme is designed to bridge the gap between the buyer's deposit and mortgage, helping to close the affordability gap. Let's use the Glenveagh Mortgage Calculator to see how Help to Buy and the First Home Scheme used together could help you buy a two-bedroom home Rath Rua – a new Glenveagh community of beautifully designed family homes in Portlaoise. Advertisement First, you open the calculator. You enter the price of a two-bedroom house in Rath Rua (€305,000), as well as its local authority area (which in this case would be Co Laois). You will also enter your household salary, the property type (house or apartment), the term of your prospective mortgage, and the interest rate. Simply adding the purchase price, mortgage interest rate and the term will also give you the calculations you're looking for. After that, all you need to do is toggle the sliders next to Help to Buy and First Home Scheme to see how either or both schemes could change the equation and put your dream home within your grasp. This is what the Glenveagh Mortgage Calculator will show after you've entered the details above. In the case of the Rath Rua two-bed, the Glenveagh Mortgage Calculator shows that the Help to Buy scheme would contribute €30,000 to the deposit, leaving a remainder of only €500 in this case. The calculator also shows that the First Home Scheme, when used in conjunction with Help to Buy, contributes €61,000 to the overall cost of the home, meaning that monthly repayments would come in at €895 over the course of a 35-year mortgage at an interest rate of 3.6%. Glenveagh offers newly built homes in a range of communities across Ireland, and it's well worth using any one of those homes to calculate the difference that government support schemes could make to your short-term and long-term outgoings when buying your first home. By visiting the Glenveagh website , you can explore a range of communities from Dublin to Cork, as well as some of Ireland's best-connected and most bustling commuter towns. For each of these homes, the mortgage calculator will be able to break down the deposit and mortgage repayment costs with or without the two government schemes, as well as showing you the recommended household income for the house that you want. Buying your first home is an enormous accomplishment and a major life event. Make it as easy on yourself as possible with the Glenveagh Mortgage Calculator .
Irish Independent
30-04-2025
- Business
- Irish Independent
Glenveagh Homes asks High Court to overturn decision to de-zone 500-home site in Louth
The Argus Today at 09:07 One of Ireland's biggest housebuilders has asked the High Court to overturn a recent decision by Louth county councillors to re-zone a site earmarked for approximately 500 new homes near Dundalk. Glenveagh Homes is seeking a judicial review of the decision by councillors to change the zoning from 'A2 Residential' to 'Strategic Reserve' during the formulation of the Dundalk Local Area Plan, which effectively prohibited Glenveagh from developing the land, believed to have cost in the region of €20m.
The Journal
24-04-2025
- Business
- The Journal
Why a two-bedroom home is the smartest choice for many first-time buyers
WHEN NAVIGATING THE housing market, it's essential to have a sense of the advantages that each prospective home offers you as a new homeowner. Many things come into the equation, with the price naturally being one of the key considerations. It's for this reason that many first-time buyers will go after two-bedroom homes that offer the perfect balance of affordability, living space and future value should you ever choose to move on. Glenveagh, one of Ireland's leading home builders, offers a range of beautifully designed two-bedroom homes in established, vibrant communities across the country, all of which boast a range of benefits that could make your decision an awful lot easier when it comes to getting on the property ladder. If you'd like to get a closer look at two-bedroom homes across several counties and towns, you can explore them in-depth on the Glenveagh website . Glenveagh Homes / YouTube Why a two-bed? Buying a home is not just about the up-front costs, it's also about keeping costs low after you've settled in. All of Glenveagh's two-bedroom homes come with an A-rated BER, giving you peace of mind over your energy costs. Insulation in floors and walls, double glazing and state of the art heating systems mean that you'll never be paying over the odds when the bills come in. Another advantage of choosing a two-bedroom home is the time, energy and resources you will save on upkeep and maintenance. This is especially important for first-time buyers, who will often be carefully managing their costs during the first few years of home ownership. Kitchen, Kilmartin Grove Glenveagh homes are newly built and sustainable. Unlike so many homes on the market, there are no fixer-uppers here. Each Glenveagh home comes with a contemporary fitted kitchen with soft-close doors, stylish living spaces, fully painted interiors and bespoke, high-quality joinery. No matter which community you are exploring every two-bedroom home built by Glenveagh includes en-suite bedrooms and smart bathroom design. Depending on the community, your two-bed will also come with either a fully-seeded secluded back garden or beautifully designed terraced area. Advertisement Thanks to the quality design, in-demand commuter-friendly locations, and energy efficiency of these Glenveagh two-beds, these homes can be expected to maintain their value in the market — providing you with future sale or rental income opportunities. Garden view, Kilmartin Grove One of the biggest advantages that come with purchasing a new build home in a Glenveagh community is their eligibility for both the Help to Buy scheme and First Home Scheme . Rath Rua , for example, is a newly built Glenveagh community in Portlaoise, a vibrant town with strong commuter links to Dublin thanks to the M7 motorway, N80, and N77 plus public transport options of train and bus. The town itself offers an array of schools, sports clubs, as well as restaurants, bars, cafés and anything else you would need. Homes in Rath Rua also qualify for both the Help to Buy and First Home Scheme. With Help to Buy, first-time buyers can receive up to €30,000 as a tax rebate towards their deposit, while the First Home Scheme provides shared equity of up to an additional 20%. Using both schemes simultaneously can make the leap much more affordable again. Living room, Kilmartin Grove Using the Glenveagh Mortgage Calculator , you can see how these schemes can put home ownership in your grasp. In the case of Rath Rua, the home purchase price is €305,000 and first-time buyers are required to have a deposit of 10% of the property value. With the Help to Buy scheme, you can get a maximum of €30,000 towards your deposit, meaning the remaining needed is only €500. The First Home Scheme bridges any difference between the deposit and the mortgage up to the value of 30% of the property value. When used in conjunction with the Help to Buy scheme, this changes to 20% — which would equate €61,000 in our example. So the total mortgage needed to purchase the home would be €213,500. Meaning an estimated monthly repayment of €907 based on a 35-year term with a 3.7% interest rate. There is no charge for the First Home Scheme for the first 5 years that you own your home. But, if you have not bought out the FHS equity share in your home by the sixth year, a service charge will apply. This service charge is for the maintenance of the First Home Scheme. You can find the specific rates and details on the First Home Scheme website . Exterior, Kilmartin Grove A two-bedroom home with Glenveagh is a smart way to make savings both now and later on your first home, while sacrificing nothing in terms of design, comfort and community. To explore a range of two-bedroom homes in vibrant Glenveagh communities across Ireland, visit the Glenveagh website . To explore Glenveagh's full range of homes, click here .
