By Michelle Crean
St Vincent de Paul (SVP) has this week revealed unprecedented pressure on core services of food, shelter and education across the South-West.
Up to one thousand people across Kerry and Cork, who are struggling to pay utility bills, made calls to St Vincent De Paul (SVP) South-West every week during the month of October seeking assistance from the charity in the run-up to Christmas.
Organisers say this year’s annual car draw, which has been extended to Kerry for the very first time, is now more important than ever.
SVP South-West have said callers also reported being in significant arrears with utility suppliers after an embargo that was imposed to prevent people from being cut off during the pandemic was lifted by the Government.
80% of SVP’s core fundraising is now conducted during the October to December period, with traditional church collections only permitted to resume recently.
"Last year we were blown away by the support we received during such a difficult time," Regional President Paddy O’Flynn said. "However, we are deeply concerned that there is a perception that the difficulty and challenges that we faced last year have somewhat diminished with the re-opening of society.
“Embargos on evictions and cutting off electricity and gas supplies during the pandemic have been lifted and we are receiving calls daily from people in dire need of assistance. Providing coal and fuel support during the winter months to families is a huge part of our work. We depend on the generosity of our many donors and we’re asking them to support us once again, if at all possible, in the coming weeks."
Last year, over 8,400 families and individuals were contacted and supported by SVP volunteers in Cork and Kerry.
The car draw will be a key fundraising event for the region this year, with tickets and free post return envelopes delivered to every household in Kerry and Cork and the added option of buying tickets online. Donations are also welcome through both channels.
Tickets for the raffle cost €5 each and can be returned in the Freepost SVP envelope or dropped into the SVP Regional Office at Ozanam House, 2 Tuckey Street, Cork or Unit 2 Monavalley Business Park, Tralee, Co Kerry. You can also purchase tickets online at the following link: https://app.galabid.com/svpcardraw.
First prize will be a brand-new Ford Focus, kindly donated by CAB Motor Company. In addition to this there will be six other cash prizes. The final date for entries will be 12 noon on Friday, January 7, 2022.
The draw will take on Wednesday, January 12, 2022 at CAB Motor Company showrooms, where the winners will be announced. Details of the winners will be published on www.SVP.ie.
Is it a good time to sell your property?
By Ted Healy of DNG TED HEALY Recently published property outlooks are suggesting single digit growth in prices this year. The MyHome.ie quarterly report found the market had held up […]
By Ted Healy of DNG TED HEALY
Recently published property outlooks are suggesting single digit growth in prices this year.
The MyHome.ie quarterly report found the market had held up better than evidence had suggested in 2022. The number of vendors cutting asking prices remained at low levels, while many house prices were being settled above asking prices.
However, the report warned that the resilience of the housing marking is set to be tested this year. It found annual asking price inflation slowed to six percent nationwide, meaning the asking price for the average home in Ireland is now €330,000.
There were 15,000 available properties for sale on MyHome.ie in the fourth quarter of the year – an improvement on the same time last year but still below pre-pandemic levels.
Average time to sale agreed was 2.7 months nationwide which the report said is indicative of a very tight housing market.
The report said it expects to see 28,400 house completions in 2022, exceeding its previous forecast of 26,500 finished units.
The author of the report, Conall MacCoille, Chief Economist at stockbrokers Davy, said it appeared the market had held up better than evidence had suggested.
“The number of vendors cutting their asking prices is still at low levels. Also, transactions in Q4 were still being settled above asking prices, indicative of a tight market,” he said.
Recent months had seen worrying trends in the homebuilding sector, with housing starts slowing, and the construction PMI survey pointing to the flow of new development drying up.
“We still expect housing completions will pick up to 28,400 in 2022 and 27,000 in 2023. However, the outlook for 2024 is far more uncertain. The Government’s ambitious plans to expedite planning processes are welcome although, as ever, the proof will be in the pudding,” he added.
Locally, and unsurprisingly, the lack of supply of new and second-hand properties remains the dominant issue. There has been very little new construction due largely to the rising cost of construction, labour, materials and utilities which in turn is putting pressure on the second hand market.
This market proved particularly strong in 2022 with active bidding experienced on the majority of house sales and a large proportion of guide prices being generally exceeded.
The detached family home end of the market is particularly strong with increased competition for a limited number of available well located family homes.
So, what lies ahead and is it a good time to sell your property?
The answer is a tight market with scarcity of supply being a factor. If selling now you will benefit greatly from a lack of supply of available homes (therefore less competition) provided your property is marketed correctly of course!
For anyone considering placing their property on the market, contact DNG Ted Healy 064 6639000 email@example.com for genuine honest advice on how to achieve the best possible price for your home.
Tourism VAT rate should be “continued indefinitely”
A Kerry Fianna Fáil Councillor believes the current 9% tourism VAT rate should be continued indefinitely despite “the allegation that some hotels were not passing on the saving to its […]
A Kerry Fianna Fáil Councillor believes the current 9% tourism VAT rate should be continued indefinitely despite “the allegation that some hotels were not passing on the saving to its customers”.
The reduced VAT rate of 9% was introduced by the Government in response to the challenges posed by COVID-19 to the hospitality sector.
“I believe a return to a 13.5% Tourism VAT rate would be counterproductive at this stage, to small and medium businesses that welcome visitors to our country and our county,” Councillor Michael Cahill said.
“Catered food is already charged at 13.5%, alcohol at 23% and accommodation presently at 9%. This sector is providing pretty decent returns to the Exchequer and should be supported. All parties in this debate, including the Government and accommodation providers, should review their position and ensure their actions do not contribute to ‘killing the Goose that laid the Golden Egg’.”
He explained that the tourism industry is “in a very volatile market”, as can be seen by the enormous challenges “posed by COVID-19 in recent years”.
“A grain of rice could tip the balance either way and great care must be taken not to damage it irreparably. We are all aware that the next six to 12 months will be extremely difficult for many businesses with the increase in the cost of oil and gas, etc,, and a return to the 13.5% VAT rate will, in my opinion, close many doors. If a minority are ‘price gouging’, then it should be possible to penalise them and continue to support the majority who offer value for money to our visitors.”
Is it a good time to sell your property?
By Ted Healy of DNG TED HEALY Recently published property outlooks are suggesting single digit growth in prices this year....
Tourism VAT rate should be “continued indefinitely”
A Kerry Fianna Fáil Councillor believes the current 9% tourism VAT rate should be continued indefinitely despite “the allegation that...
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