Month: January 2015

General
Only 395 houses for sale in Dublin at key €220K threshold

Only 395 houses for sale in Dublin at key €220K threshold

Following the publication of new lending rules by the Central Bank earlier this week, leading property website MyHome.ie has called on the Government to address the lack of supply in Dublin. MyHome.ie lists every property for sale in Dublin and the latest figures from the…
General
Mixed reaction to Central Bank rules on mortgage lending

Mixed reaction to Central Bank rules on mortgage lending

There has been a mixed reaction to the new Central Bank rules on mortgage lending. Prospective home-buyers will have to save bigger deposits under the regulations. Banks will only be able to lend up to a maximum of 80% of a property’s value for most owner-occupiers.…
General
First time buyers will now require a 10% deposit while all other purchasers will need at least 20%

First time buyers will now require a 10% deposit while all other purchasers will need at least 20%

The Central Bank will offer some relief for first-time buyers under revised rules on mortgage lending. Prospective home-buyers will have to save bigger deposits under the regulations. Banks will only be able to lend up to a maximum of 80% of a property’s value for most owner-occupiers. However, they will…
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