Buy-to-let mortgages

General
Mortgage lending up 73% in first quarter of 2015

Mortgage lending up 73% in first quarter of 2015

Mortgage lending rose by 73 per cent in the first quarter of 2015 to €983m, as first-time buyers continued to dominate the market. However, both the value and volume of mortgage lending was down on the last quarter of 2014, and the impact of tighter…
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…