Donnelly Neary & Donnelly note Conveyancing Market in Newry comes to life in 2014. After the longest recession and deepest crash in the house buying market in Northern Ireland there been a sharp upturned in the construction of new homes not only in Newry but throughout Northern.
Speaking yesterday at a conference on housing need in Ireland Kevin Neary said ” it has been a feature of this crisis in housing in Ireland that builders have found themselves cripples not only by legacy debt from development acquisitions in 2006 and 2007 but that Banks have been unable or unwilling to fund new developers willing to recommence housing developments . In our Dublin Office Donnelly Neary & Donnelly have been very busy completing land acquisitions both for builders but also for investors and this trend has accelerated over the past 6 months as cash investors come back in to the market”
