A major change is coming for first-time buyers’ borrowing, what it means for you
‘The Celtic Tiger is alive!’ Mortgage lender Núa Money will be enabling first-time buyers to borrow up to five times their income. The mortgage lender will be the first financial institution in Ireland to offer this to customers since the financial crash in 2008. The Central Bank’s loan-to-Income limit restricts the amount of money first-time […]
3 months ago
Five things to add to your mortgage checklist as Irish rates rise higher
Despite the rise, Irish mortgage rates fifth lowest in Eurozone Irish mortgage rates moved higher again in April, rising to their highest level since at least mid-2017, according to the Central Bank of Ireland today. At 3.63% in April, the average interest rate on a new mortgage was up from 3.54% in March. Rates rose […]
3 years ago
Will my mortgage payments be increasing? Latest as Central Bank hike rates
This could translate to thousands of additional payments Some mortgage holders are in for a price hike as the European Central Bank announces changes to their rates once again. The ongoing cost of living crisis in Ireland has many families struggling to make ends meet and so the seventh increase since last summer will come […]
3 years ago
House prices increased by over 15% in the last year
Residential property prices are skyrocketing. The cost of housing continues to skyrocket across the country, as residential property prices have increased by 15.2% in the 12 months up to March 2022. The new figures were released by the Central Statistics Office (CSO) as part of the latest Residential Property Price Index on Monday, May 16th. […]
4 years ago
First time buyers are only getting older according to new stats
The oldest since 2008. First time home buyers aged 30 or younger are now accounting for just over a quarter of Irish mortgage drawdowns during the first six months of this year. Down 60% from the market in 2004, a new report from Banking & Payments Federation Ireland questions if banks can participate in the […]
5 years ago
Finance One are running a first time buyers event that you won’t want to miss
If you’re looking to get onto the property ladder you’re not going to want to miss this. Financial intermediary company Finance One are running a first-time buyers event that will help answer any questions you have about the mortgage process. They will also set up a meeting after the event and talk you through everything […]
7 years ago