Renting Vs Buying a House in Northern Ireland

13/05/2016

The current state of Northern Ireland’s Owners Occupied Housing Market:

In 2015 there were over 4,600 verified residential property sales
A 6% increase in property sales occurred from 2014 to 2015
The age of buyer median was 29
Average advance was £75, 691

Private Renting Demand

31% of private renters in Northern Ireland have resided in their accommodation for less than 12 months.
Average rent per week for the private rent sector in Northern Ireland £92 per week
38% of renters paid £100+ per week

If you are currently renting property or living at home with parents, then you have most likely pondered the following:

Do I want to move…

Read More

Redundancy, Pension Calculator or Independent Financial Advice?

11/05/2016

According to a recent Redundancy Report by the Department of Enterprise, Trade and Investment between March 2015 and March 2016 there has been: 
• A 6% increase in the number of confirmed redundancies
 • 2,159 confirmed redundancies in March 2016 compared to 2,030 in March 2015
 • 212 of these 2,159 were confirmed redundant in March 2016!
It is clear that with a 6% increase in redundancy within Northern Ireland, we are not all fortunate enough to be in employment with a guaranteed income until the most common retirement age, of 65.
Redundancy, is something that most of us don’t see coming, nor are we financially equipped to…

Read More