Government considering ban on international investors to stop cuckoo funds in property market

Tax reforms and planning changes are also under consideration by senior government figures, who are facing increased criticism after international investors blocked first-time buyers. 

Global property firm Round Hill Capitol has bought close to 150 homes in a new estate in Maynooth and a further 112 in Dublin 15, with the sole intention of renting out the properties. Picture: Dan Linehan

A two-pronged approach of tax reform and reviewing planning rules is under consideration as the Government faces pressure to tackle cuckoo funds which are blocking first-time buyers from securing a home.

Senior ministers are even considering a blanket ban on international investors buying properties.