CIF launches website to help new homebuyers


12 Mar 2008

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The Construction Industry Federation (CIF) has launched an online guide to buying a house in Ireland.

The site www.homefacts.ie gives advice on getting a mortgage, stamp duty and legislation on renting out rooms.

The site’s content was put together by the Irish Home Builders Association (IHBA), part of the CIF.

“The website is a new source of information for people wanting to get on the property ladder, but who are confused about the process of buying a home,” explained Hubert Fitzpatrick, director IHBA.

“On homefacts.ie, home buyers can get a simple guide which takes them through the entire process and answers all of their questions. They will also get up to date housing facts and figures, which will help them deal with the banks, developers, estate agents and solicitors.”

The IHBA also used the launch of the site to announce the introduction of a new code of practice for its members to govern the establishment and operation of management companies.

The CIF’s annual housing report released recently indicated that the downward trend in housing output is set to continue and is predicted to fall to 37,000 in 2009, the lowest level of residential construction since 1996.

By Niall Byrne