Galway Bay fm newsroom – 190 Galway people have reached arrangements on debt or been made bankrupt in the last 3 years.
That’s according to the latest report from the Insolvency Service of Ireland.
The report cover the period from the beginning of 2014 to the first quarter of this year.
It reveals that 84 people were declared bankrupt during that time across the city and county.
A further 106 people reached an agreement on their debts in that period.
These include arrangements such as Personal Insolvencies, debt settlements or debt relief.
Nationally, applications for debt relief, insolvency or bankruptcy is up by over 128% so far this year.
However, 90% of debtors manage to keep their family home.
€400 thousand for monuments and historic sites across Galway
Galway Bay fm newsroom – €400 thousand in funding has been announced for monuments and historic sites across Galway.
The funding from the Government’s Community Monuments Funding will cover 10 projects in the city and county.
The funding will support measures including essential repairs and conservation works, the development of conservation plans, and improved public access.
The largest allocation of almost €80 thousand will go towards the Spanish Arch and Galway City Walls.
A further €70 thousand will support works at Tirellan Tower House, while €30 thousand has been awarded to the Tirellan Merlin Public Realm.
In the county, €70 thousand has been allocated to Kilclooney Tower House, while a further €70 thousand will go towards the Abbeygormican Ecclesiastical Site in Ballinasloe.
€22 thousand will support the Dolphin Burial Tomb at Bullaun Graveyard – while Kiltartan Church and Graveyard, and Killora Church and Graveyard in Craughwell, will both receive €16 thousand.
St. Kerrill’s Abbey is also to receive €16 thousand, while Kilbought Church and Graveyard will receive funding of €15 thousand.
Renvyle Letterfrack one of five seaside locations to record largest property price hikes since pandemic
Galway Bay fm newsroom – The Renvyle Letterfrack area in Connemara has been listed as one of the top five seaside locations with the biggest house price increases since the pandemic took hold.
A new report from Daft.ie reveals the price of a home by the coast has risen by an average of 23% since the pandemic began – with Renvyle Letterfrack recorded as having the fourth highest coastal house prices.
Homes in Kilmore Quay in Wexford experienced a jump of over 52% in price, while properties in Dunmore East in Waterford saw a price rise of over 51%.
Residential units in Lahinch in Clare and in Renvyle Letterfrack in Connemara recorded a price hike of over 39%.
Dr. Tom Gillespie, Environmental Economist with NUIG and author of the report, says there’s a clear trend emerging at such seaside locations.
Listen: Galway TD calls for investment in building control in light of mica controversy
Galway Bay fm newsroom – A Galway TD has called for increased investment in building control during a Dáil debate on the mica controversy.
Around five thousand homes are estimated to be affected by the defective blocks, mostly in the west and north-west of the country.
It’s estimated the final bill for dealing with the scandal could come to over 1.5 billion euro.
Addressing the Dáil, Deputy Sean Canney said it’s time to take the issue of building control by the scruff of the neck.
He expressed an opinion that a severe lack of independent building control is directly responsible for the controversies over mica and pyrite.
Deputy Canney pointed out that under the current system, just a fraction of new developments are being inspected by local authorities.
Deputy Canney argued that proper investment in building control would save the state money in the long term.