News

AIB helps customers on the COVID payment

08/07/2020


AIB softens its approach to mortgage applications from customers on State pandemic supports.



The banking group has now said that from next week it will commence accepting new mortgage applications from customers who are on the State’s Covid-19 supports.


AIB has softened its approach to mortgage applications from customers on the pandemic unemployment payment and the temporary wage subsidy. The banking group found itself at the centre of a storm this week when it was revealed it was halting all applications for mortgages from those on State supports at AIB, Haven and EBS.

An internal memo had exposed how the banking group was “pausing” lending to customers on the pandemic unemployment payment and the temporary wage subsidy. All lenders have effectively stopped issuing mortgages to customers on the pandemic unemployment payment and the temporary wage subsidy. AIB, Ulster Bank and Permanent TSB have stopped making loan offers to those on State subsidies, according to leading broker Karl Deeter.

He said some lenders are processing loan offers. These include Bank of Ireland, KBC and Finance Ireland. But these three will not allow people to draw down a loan while the applicants are on the pandemic payment or the wage subsidy scheme.

Source: The Independent - Charlie Weston July 1/June 30

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We are virtually open

27/03/2020


To stop the spread of Covid19 most of our team are working from home.



Dear Clients and Customers,

I hope that you and yours are getting through these unprecedented events as best as you possibly can and will stay safe. If however, you do require property services or advice please read the following:


We are virtually open - following the recent Government announcement, Vincent Finnegan has now temporarily closed all of its branches to the public and the majority of our team are working from home to ensure we are doing our part to stop the spread of the Corona Virus.
Our doors may be closed but we are still open, with most of our team now working safely from home. This means that we can continue to service all of our clients, except any physical meetings or viewings of course.

VIRTUAL VIEWINGS
We have now stopped most physical viewings and replaced them with online where possible. Video viewings will either take the form of pre-recorded videos being sent to you or by arranging a live viewing with the seller or landlord.

VIRTUAL MARKET VALUATIONS
Even without stepping inside your property, our team can still give you an accurate indication of how much your property could be sold or rented for. There are four options for you to choose from:

  1. Live video walk-through – we provide you with a video conference link to show our local expert around your property.
  2. Recorded walk-through – send us a video of your property for us to evaluate
  3. Telephone appraisal – set up a telephone appointment with our experts to talk about your property in detail
  4. Desktop appraisal – provide us with basic details and our experts can give you an estimated price range

To arrange a market appraisal via one of the above methods, please email info@finnegan.ie

STAY IN CONTACT
If you would like our opinion on how the virus is affecting your property search, sale or rental, our experienced team are on hand to give you clear advice and to keep you updated as events unfold. If you would like to speak to an expert, our team are all available to speak to you over the phone, via video call or over emails. If you don’t have a direct contact, please call the following numbers: 01 298 4695 or 01 284 4312, alternativlely email info@finnegan.ie and we can put you in touch with relevant agent.

YOU MAY BE SURPRISED
We currently have strong numbers viewing properties online and everyday contacting us for property information. Properties are still being sale agreed and let (albeit at lower numbers understandably). When business does begin to get back to normal – you can prepare now for the market (whether buying or selling) business will get back to normal.

OPPORTUNITY AWAITS
This is an opportunity to put a strategy in place, whether that is being ready before others to bid and secure a property or, if you’re selling have your property looking really well by painting or doing the garden etc. (essentially improving your asset value). Due to a pent-up demand, we are anticipating and preparing for an increase in activity once restrictions are lifted. People who are prepared should benefit with quicker successful results.

We look forward to continuing working with you and shall update you with regard to any further developments.


Yours sincerely
Vincent B. Finnegan

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Coronavirus COVID-19 Public Health Advice

17/03/2020


Covid19 update for all our Clients and Customers



The safety of our clients and staff is paramount and we are taking guidance from credible sources such as the HSE, the HPSC and IBEC. We have taken a number of measures including a full hygiene, sanitisation and education plan implemented across all offices and for all staff.


If you have recently visited any of the affected areas, showing symptoms of the virus or have come into contact with an affected individual, please let us know as we can suspend viewings and act accordingly.

Please find link to HSE website for a comprehensive overview of the Corona virus.

Overview Coronavirus (COVID-19): https://www2.hse.ie/conditions/coronavirus/coronavirus.html

If you have any concerns or queries, please do let us know at info@finnegan.ie, or from our contact page.

We look forward to continuing working with you and shall update you with regard to any further developments.


Yours sincerely
Vincent B. Finnegan


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Brown Thomas to open major new shop in Dundrum

14/02/2020


Outlet opening in 2021 will take over two floors from departing House of Fraser



Brown Thomas has agreed to let two floors of the House of Fraser department store in the Dundrum Town Centre in a move that will substantially boost its presence in the prime south Dublin retail complex.

Brown Thomas has agreed to take the lower ground floor and the ground floor of the House of Fraser store, which will cease trading in May, The Irish Times has learned.


A spokeswoman for House of Fraser in Dundrum said: "Despite our best efforts over the last 12 months, we have been served notice by our landlords in Dundrum." She said that while the announcement was unexpected, the company remains hopeful that many of the current staff at its Dundrum department store "will now be employed by the new tenant".

The space will undergo a multimillion-euro refit, with the new Brown Thomas store set to open in the first half of 2021, employing more than 400 staff.

The outlet will comprise more than 63,000sq ft of space, roughly half the size of Brown Thomas’s flagship department store on Grafton Street.

The retail sales area of 45,000sq ft will allow Brown Thomas to offer a much larger range of products compared to what it currently provides at its existing BT2 outlet in Dundrum, which will be vacated once the new store is ready.

Brown Thomas said its vision for the store was to create a “contemporary space – mixing physical and digital, designed to enhance the shopping experience for customers”.

Simon Betty, Hammerson’s director of retail for Ireland, said the addition of Brown Thomas at Dundrum would “transform the department store line-up” there.

Hammerson, which manages Dundrum Town Centre and co-owns the retail complex with German insurer Allianz, said it was in advanced discussions with parties on the remaining space at House of Fraser.

No financial details for the letting have been revealed but Brown Thomas is believed to be paying more than €1 million a year for its existing BT2 outlet. House of Fraser was previously reported to be paying rent of €2.4 million for the entire 139,930sq ft store, but figures contained in an administrator’s report in 2018, after the UK retailer ran into financial difficulties, reveal it had rental costs of some €103,000 a month at that time.

5 February 2020
Irish Times


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Latest news

AIB helps customers on the COVID payment
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We are virtually open
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Coronavirus COVID-19 Public Health Advice
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Brown Thomas to open major new shop in Dundrum
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