“Current asking prices suggest that 200,000 households are in negative equity, the majority of 270,000 people who bought between 2005 and 2008. Figures from June show 36,000 mortgages were in arrears of three months or more, with collective arrears of just over half a billion euro. These figures do not account for tens of thousands [...]
Archive for August 19th, 2011
Ireland’s Theatre of Cruelty : dangling ill-defined debt-forgiveness solutions in front of desperate borrowers.
Posted in Banks, IMF, Irish economy, Irish Property, Politics on August 19, 2011 | 96 Comments »
NAMA sells development site in Tunbridge Wells (UK) for GBP 10m
Posted in Developers, NAMA, Non-Irish property on August 19, 2011 | 1 Comment »
NAMA is this morning reported to have sold a cinema site in Tunbridge Wells inKent for GBP 10m (€11.5m). The buyer is reported to be a joint venture between global private equity firm The Carlyle Group and London-based development company Bellhouse Joseph. The property had been owned by Rydell Properties Limited (a Howard and Joe [...]
-
Recent Posts
- Northern Ireland’s residential property price collapse – the worst in the world?
- Are we recovering?
- NAMA’s report and accounts for Q4,2011
- 30-minute guide to the ESM and Fiscal Compact treaties
- Fiscal Compact referendum – final weekly review
- NAMA in negotiations to build major new office block in central Dublin
- NAMA tackled about its protocols for the disposal of assets amid concern at Cork sale
- Of the Week..
-
Recent Comments
JP on Northern Ireland’s residential… Jake Watts on Northern Ireland’s residential… who_shot_the_tiger on Northern Ireland’s residential… who_shot_the_tiger on Northern Ireland’s residential… gerhard dengler on Are we recovering? Twitter Updates
- @OwenCallan Thanks! How many negatives make for a downgrade, I suppose. An Taoiseach says it *will* be just one more. 1 hour ago
- Northern Ireland’s residential property price collapse – the worst in the world? wp.me/pNlCf-2Es 7 hours ago
- @brianmlucey @declanganley @GTCost The IRL experience is that some patients should be let die. 9 hours ago
- @joehas @declanganley @brianmlucey @GTCost I get the impression it's forcing itself back on the table after Bankia. 9 hours ago
- @declanganley @brianmlucey @GTCost You set up a NAMA to suck out the poison OR hope the patient fends for themselves OR let the patient die 9 hours ago
- @OwenCallan Hi Owen! Has any ratings agency said it *will* downgrade IRL if there is a no vote;All S&P said no wd be credit neg in s-term 11 hours ago
- PIIGS yields mixed;SPN/ITA up at 6.5/5.7% as Bankia gets €19bn bailout; what’s SPN for “cheapest bailout in history” wp.me/PNlCf-19r 15 hours ago
- @YJB57 You never know! Peter Mathews giving a candid assessment of the Compact before Thursday could just be this vote's black swan event. 16 hours ago
Categories
- Banks (466)
- Developers (347)
- Greece (55)
- Haircut (18)
- Hotels (82)
- House Price Database (33)
- IMF (234)
- Irish economy (461)
- Irish population (41)
- Irish Property (482)
- NAMA (1217)
- NAMA valuation methodology (69)
- Non-Irish property (187)
- Northern Ireland (105)
- Politics (512)
- Uncategorized (7)
- vacant property (45)
Click on date for that day’s posts
