Ruby Penny
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thats what i thought was the case. but wasnt a 100% sure
Affordable housing Dunlaoghaire Rathdown-Parkview, Belarmine & Thornwood
- Thread starter Artois
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thats what i thought was the case. but wasnt a 100% sure
blueishfairy
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the Ste, that's good news about BSQ... do you know what happens now? do they need to get individual apartments done?
What happens now is that the reports sit on a seniors desk and eventually they are able to choose the best aligned figures and the reasoning why those figures are the best. From their point of view it won't and shouldn't have to be negotiated further and they'll have prepared the excuses why. The senior then passes this down to the rest of the staff who insert them into our offer letters and a while later we receive them complete with a 2 week deadline to sign. Once that's done back to the council for more "processing" and then they'll release the list to Landmark who will send the offer to your solicitor (who will then tell you.) Landmark will also send a letter inviting you to snag.
Hi
If you say that you can't afford it (300k 2bed or 350k 3bed in BSQ) or afford the maintance fee i thought that would not go down as a refusal
stillathome!
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I was told that it would be a refusal. Once I said I would be included in the process for the BSQ any refusal now, whatever the reason, is a first refusal.
I got carried away with the excitement initially and said yes to a 1 bed and am now having doubts every other minute of the day and just don't know what decision to go with.
There is a piece in the Property Section of the Irish Times today about affordable housing and the Beacon prices are shown, unfortunately it doesn't say how they are an exessive cost even at the affordable scale!
I would 100% be happy with the BSQ if I could stretch to a 2 bed there but just can't and I can't see myself fitting in a 1 bed for more than a few years. Sooooooooooooooooooooooooooooo confused and scared.
blueishfairy
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I think the waiting and not knowing makes everythig worse!
Hi All
:mad
ose any1 know what the hell is going on with the BSQ letters of offer. every time i ring all i get is "hopefully next week we will be sending the out" they said they where waiting for a second valuation then they said they where waiting for there senior officers to ok them but dose it realy take this long
It wouldn't be so bad if they gave all of us a realistic time scale, or sent out a letter to every1 letting us know what is going on.:mad:
:mad
ose any1 know what the hell is going on with the BSQ letters of offer. every time i ring all i get is "hopefully next week we will be sending the out" they said they where waiting for a second valuation then they said they where waiting for there senior officers to ok them but dose it realy take this longIt wouldn't be so bad if they gave all of us a realistic time scale, or sent out a letter to every1 letting us know what is going on.:mad:
stillathome!
Registered User
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Hi All
:mad
It wouldn't be so bad if they gave all of us a realistic time scale, or sent out a letter to every1 letting us know what is going on.:mad:
I agree Apples. They aren't handling things well and are making more work for themselves - the less they update people the more people will ring and ask the same questions over and over again. Surely it would be easier all round to send out regular updates by either post or email.
Can I ask anyone/everyone how long, from the initial letter about the BSQ, did it take to get a viewing of the apartments available? I got my letter on February 7th, was down to them within a couple of days and had all my documents ready. Was told on the 13th Feb that my name was going to the developer and I'd be called by the developer to view them... nothing since.
I don't think it is fair to leave me (and others) waiting this long as we are technically in limbo. We are on the list now for BSQ but may not like it and drop out after viewing though in the meantime we are not being considered for anything else that becomes available as the council deem us as being allocated already, despite not even seeing inside the complex yet. Same goes for those of you waiting for the official offer letter, you aren't being offered anything else until you turn down the offer letter.
Hi
I was told the same in Nov/Dec but rang the council again to confirm, i also rang Sherry Fitz, after that i got a email(20 dec) form Sherry Fitz with viewing time and date and to have my deposit with me (3000euros).viewing date 9th Jan.
Some people where there all night queing.
There was a contact number should i wish to make any more queries at the end of the mail.
Adam Kearns BSQ Client Services 01 4824180
If he can't tell you when they are viewing again he will be able to give you Landmarks number.
Hope that number will help
I was told the same in Nov/Dec but rang the council again to confirm, i also rang Sherry Fitz, after that i got a email(20 dec) form Sherry Fitz with viewing time and date and to have my deposit with me (3000euros).viewing date 9th Jan.
Some people where there all night queing.
There was a contact number should i wish to make any more queries at the end of the mail.
Adam Kearns BSQ Client Services 01 4824180
If he can't tell you when they are viewing again he will be able to give you Landmarks number.
Hope that number will help
I find it pretty amazing that the councils "executive" can take two or more weeks to read the two valuation reports, select a list of values and then document why that selection was made. It really does go to show the pace of things this council operates at (just faster than doing nothing!). In the meantime we are missing other developments that are now coming up, also property that isn't subsidised is closely falling to catch up with this very expensive (for affordable) apartment block. By the time any offers go out you may be able to get somewhere without being tied into a clawback clause!
I had an interview for voluntary housing for Parkview and was told that although there are 45 units for voluntary housing, there are only 39 parking spots. Does anyone know what the story is for parking for the affordable units? I know parking is already a concern for people who have purchased within the development, this doesnt exactly help the situation. Thanks
stillathome!
Registered User
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In relation to buying non-affordable properties now is that even if they are at a similar cost it may not be possible to get a mortgage on it.
I have seen apartments I would be happy to buy, with a bit of struggling to raise the larger deposit, without affordable housing but the banks and building societies will not give me a mortgage for it however I can borrow the same amount for affordable housing as they figure it won't go into negative equity.
M
macbeth
Guest
Hi,
I cannot understand how you all are so desperate to buy at the moment.
Isn´t it clear enough, that most of the buyers, especially first-time buyers, who buyed in the last two years are f***ed ... I mean financially?
The last three month we have seen the property market falling apart and thousands of building workers went unemployed.
Although I predicted a fall back of only about 25% after christmas, I understood that we have at least 50% to 60% by now.
Only because many of foreign workers are going back home for longterm or for good, the employment situation is getting kind of a bit more relaxed. But out there it is still very quite and it will last for a while.
Banks have sent their troubleshooters out to the developers and there is a trend to rather renting the developments out than to keep them empty.
Banks and developers negotiate to change short term loans into mortages, to save businesses, big sites are closing or slowing down massively.
And last but not least, we have seen price cut offs of up to more than 20% only between January and end of February.
I would reckon, that the developers do not drop further at the moment on two reasons:
1. They hope and pray. And they cannot afford to give the wrong signals to the market.
2. The building costs in the last few years have been risen so high, due to inefficiency and incompetence (incompetence not all over the place), that they still would lose too much money if the would drop more. Anyway, longterm they will not have any joice than either to sell as quick as possible or to bancrupt their limited companies. Only a few will step in with more private money.
There we have the next point. I cannot imagine, that too many developers will buy their own built appartements and houses back from the bankloans, using private capital. The quality is just too bad.
Does anybody over here have a clue, how the buildings are built, for them you are interested? Did anybody visited the sites or has an idea on technical basics?
Apart from the quality, nearly all of the currently built houses will NOT COMPLY to the upcoming new standarts, ie. building regulations, wich only try to keep up to the standarts that apply on the continent since years. And where planning permission is given before the regs come into effect, the buildings have only to apply to the old regulations!
And by the way, ever heard about energyratings?
But even the best rating ... once that comes into effect ... would be worth not the paper they are written on, if they would be done only off the plans and by calculating out of the whatsoever good or bad specifications.
A realistic rating for new built houses can only be any good for a house owner, if they stand a testing aswell. Only the tests like blower door or thermographic tests can actually proof that the building is actually BUILT like the designers specs show.
Understood?
So WHY buy NOW?
Greetings and good luck,
macbeth
I cannot understand how you all are so desperate to buy at the moment.
Isn´t it clear enough, that most of the buyers, especially first-time buyers, who buyed in the last two years are f***ed ... I mean financially?
The last three month we have seen the property market falling apart and thousands of building workers went unemployed.
Although I predicted a fall back of only about 25% after christmas, I understood that we have at least 50% to 60% by now.
Only because many of foreign workers are going back home for longterm or for good, the employment situation is getting kind of a bit more relaxed. But out there it is still very quite and it will last for a while.
Banks have sent their troubleshooters out to the developers and there is a trend to rather renting the developments out than to keep them empty.
Banks and developers negotiate to change short term loans into mortages, to save businesses, big sites are closing or slowing down massively.
And last but not least, we have seen price cut offs of up to more than 20% only between January and end of February.
I would reckon, that the developers do not drop further at the moment on two reasons:
1. They hope and pray. And they cannot afford to give the wrong signals to the market.
2. The building costs in the last few years have been risen so high, due to inefficiency and incompetence (incompetence not all over the place), that they still would lose too much money if the would drop more. Anyway, longterm they will not have any joice than either to sell as quick as possible or to bancrupt their limited companies. Only a few will step in with more private money.
There we have the next point. I cannot imagine, that too many developers will buy their own built appartements and houses back from the bankloans, using private capital. The quality is just too bad.
Does anybody over here have a clue, how the buildings are built, for them you are interested? Did anybody visited the sites or has an idea on technical basics?
Apart from the quality, nearly all of the currently built houses will NOT COMPLY to the upcoming new standarts, ie. building regulations, wich only try to keep up to the standarts that apply on the continent since years. And where planning permission is given before the regs come into effect, the buildings have only to apply to the old regulations!
And by the way, ever heard about energyratings?
But even the best rating ... once that comes into effect ... would be worth not the paper they are written on, if they would be done only off the plans and by calculating out of the whatsoever good or bad specifications.
A realistic rating for new built houses can only be any good for a house owner, if they stand a testing aswell. Only the tests like blower door or thermographic tests can actually proof that the building is actually BUILT like the designers specs show.
Understood?
So WHY buy NOW?
Greetings and good luck,
macbeth
Q. Are you buying an AF house, Have you bought an AH house, If so could you give me any tips or advise, if not why are you putting your 2 cent in.
Firstly i would like to move in because i am paying rent when i could be paying a mortage.
The price i am going to be paying for the apt that i put my deposit down for is not going to drop. Only the Claw back
I am buying this property to live my life in, not to make money.
If a profit is made, If or when i sell this property it will be a bonus
Regards
Apples
Firstly i would like to move in because i am paying rent when i could be paying a mortage.
The price i am going to be paying for the apt that i put my deposit down for is not going to drop. Only the Claw back
I am buying this property to live my life in, not to make money.
If a profit is made, If or when i sell this property it will be a bonus
Regards
Apples
My guess is Macbeth just wanted a general property rant and doesn't know anything about affordable housing. Go to thepropertypin.com for that please, the people in this forum are in quite a different situation to everyone else and such a purchase may in fact be one of the few that makes sense in the current climate with the buyers being effectively protected from negative equity.
Macbeth you are correct, if I was buying straight out you'd be a complete mug, the market is indeed a shambles.
However the affordable scheme is the only way currently one can afford to buy and secondly guarentees security (to a point) of your money. As property prices fall so does the clawback - as long as it doesn't fall into the amount of discount on the property you will not face negative equity. So in a downward market the only safe way is through the affordable scheme. Also for a lot of us, its the only way into anywhere half liveable without spending our lives commuting from the sticks.
As Monos says, if its a property rant take it to boards.ie (bubble bursting) or propertypin!
However the affordable scheme is the only way currently one can afford to buy and secondly guarentees security (to a point) of your money. As property prices fall so does the clawback - as long as it doesn't fall into the amount of discount on the property you will not face negative equity. So in a downward market the only safe way is through the affordable scheme. Also for a lot of us, its the only way into anywhere half liveable without spending our lives commuting from the sticks.
As Monos says, if its a property rant take it to boards.ie (bubble bursting) or propertypin!