Caden Grimes Estates

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Thinking Of Converting Your Attic? Do You Know The Regulations?

July 21, 2018 By Lee

Converting your attic is a great way of creating more space – and its reasonably low cost too.

Your loft can make a great teenagers bedroom, games room, a quiet study / sitting room for you.

But be aware that a habitable room on a third floor is considered a bigger risk than the first or ground floor – and rightly so.

In the event of a fire you need to be sure that the stairs down are fire resistant, that there is an alarm that’s linked to the ones downstairs, that there is a window you can get out of and that emergency services can get help to you.

So by all means do it – but do it safely.

The Department of the Environment, Heritage & Local Government has produced an excellent booklet outlining the regulations, you can see it on their website, or Send Me Loft Regulations and we’ll mail you a copy.

Caden Grimes Estates is an Estate Licensed with the PSRA, 001883       info@CGestates.ie

 

Filed Under: Uncategorized

Dublin Transport Strategy – New Bus Corridors For Lucan

July 21, 2018 By Lee

          Bus Connects Plans for Lucan 

The Transport Strategy for Dublin includes two next generation streamlined bus corridors for Lucan, one starting at J5 near the Spa hotel, the second starting at Liffey Valley.

The J5 point will include a Park & Ride facility with a dedicated car park, so it will service commuters from Leixlip, Celbridge and Maynooth.

Natural growth and urbanisation means that Dublin’s population will grow and grow.
Traffic volumes are of course increasing every month and it seems the North Quay route is a permanent bottleneck; an efficient public transport system is essential if traffic isn’t going to grind to a halt.

Lucan has a relatively small population, around 32,000. We are less than 12% of the total South Dublin population of 280,000, so we won’t merit a Bus Rapid Transit system or dedicated Luas.

The new system is scheduled to have it’s first pieces in place in 2019 and should cater for the city’s transport needs until 2035 – assuming of course that the funding is put in place.

It is a “whole system” plan, redesigning the entire bus network, not alone the routes into and out of the city but adding 3 orbital bus corridors. So, at long last, without going all the way into the city, your bus from Lucan will hook up with routes going to Terenure, Clonsilla, Swords, Dun Laoghaire.

There will also be a unified ticket system across all services, using cards, phones and flat payment models to speed up boarding.  The sooner, the better.

PUBLIC MEETING: You can get a preview of all of this at a Public Meeting in
Liffey Valley, Fri 17th Aug 2pm – 8pm

Caden Grimes Estates is an Estate Licensed with the PSRA, 001883       info@CGestates.ie

 

 

Filed Under: Uncategorized

Lives On Hold – The Hidden Cost Of The Housing Crisis

July 21, 2018 By Lee

Lives On Hold

There is a generation in Ireland right now whose lives are on hold.

Much has been written on the housing crisis, the cost and affordability of buying or renting a home, on homelessness. But very little is written on the wider social impact of this crisis.
David McWilliams opened the debate in an Irish Times article in May of this year. He spoke of meeting two Irish women in the immigration queue in Dublin airport who had moved from Ireland, one to Vienna, one to Berlin and how they laughed at his idea of saving for a home here.

It is a rite of passage, part of the social contract, for young people to move from the nest, to live alone or with a partner, to establish themselves, to mature. And, usually, to raise a family.

It seems now that this essential milestone is blocked from many. The shortage of housing has led to exorbitant rents. That means that a young couple paying rent cannot afford to save for a deposit.
That in turn has led to couples sharing apartments, unable to afford their own space to be together.
young people not alone sharing houses or apartments, but in a lot of cases sharing beds with complete strangers.
And what is known as “Concealed Families” young parents unable to find an affordable place to live on their own who are living with their parents, unable to forge an independent life of their own.
And their parents too, who looked forward to sharing quiet time with each other at that stage.

The last generation expected to have flown the nest and be established by their late twenties, thirty at the outside. School, college, a job, a promotion or two, probably a steady relationship, all achieved.

This generation will have to push that expectation back by a decade and that will have its own impact on their mortgage lifetime. Many will be forced to rent for their lifetime, especially those unfortunate enough to have bought at the wrong time and find themselves in permanent negative equity.
And who will pay the rent when they retire?
Spending more on rents and mortgages will also have an impact on providing for a pension in their old age.

There is an enormous generational social cost to this housing crisis that has not been publicly discussed and has not, to my knowledge at least, had the focus it deserves from our politicians.

The previous Ministers with responsibility in that portfolio, Hogan, Kelly, Coveney laid successive trails to this crisis. It is up to this government to lend all of its resources to fix it.

 

Caden Grimes Estates is an Estate Licensed with the PSRA, 001883       info@CGestates.ie

 

Filed Under: Uncategorized

Is the Housing Crisis Getting Any Better?

July 19, 2018 By Lee

….in July 2016, some 6,525 people were homeless. The average price of purchasing a home across the country was €215,000; in Dublin it was €314,311. The average rent had tipped €1,000 and there were fewer than 3,100 properties available to let nationwide.

Currently, there are 9,846 people homeless, according to the latest statistics. The average house price nationwide is €254,000; in Dublin it is €374,885.

The most recent figures show the average rent is €1,261 and there are 3,086 rental properties on the market.

https://www.irishtimes.com/news/politics/has-the-government-s-plan-to-end-homelessness-achieved-anything-1.3569428#.W1BBHhGLrHA.facebook
Caden Grimes Estates is a Licenced Estate Agent with the PSRA, Nr 001883

 

Filed Under: Uncategorized

Rents in Dublin Are Top Of The European League Table

July 18, 2018 By Lee

Renting a house in Ireland consumes 41% of household disposable income, putting us at the top of that table according to the latest report from Savills.
That naturally makes it more difficult for renters to save to buy a home, costs the Government far more in housing assistance payments and effectively stops some young people from moving out on their own when they start work.

Renting a house in Ireland consumes 41% of household disposable income, putting us at the top of that table according to the latest report from Savills.
That naturally makes it more difficult for renters to save to buy a home, costs the Government far more in housing assistance payments and effectively stops young people from moving out on their own when they start work

The only bright spot on that horizon is that new house completions are climbing and prices are at least starting to stabilise. In addition, the labour market is getting more competitive which should see income rising.  And that correction is overdue, at least in terms of housing costs.
According to Savills’ report, in the period from Jan 2013 to March of 2018, house prices rose by 67% and rents grew by 39%.
In the same period, gross earnings rose by just 7.3%, not alone does that impact affordability, it also has a huge impact on savings.

Caden Grimes Estates is an Estate Agent Licensed with the PSRA, 001883         info@CGestates.ie

 

Filed Under: Uncategorized

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