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First-time buyers still rely on parents for deposits

First-time buyers still rely on parents for deposits

Some 15 per cent of cash purchasers in the residential housing market are first-time buyers, according to an analysis by estate agent Savills. John McCartney, director of research at Savills, said this was due to purchasers “relying on the bank of mum and dad as…
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Pepper to offer home loans in Ireland from February 1st

Pepper to offer home loans in Ireland from February 1st

The Irish subsidiary of Australian listed financial services group Pepper is set to offer home loans here from February 1st through a small group of brokers. This will make it the first new mortgage lender in the Irish market since the banking crash in late…
Allsop Space records private treaty sales of €8.6m

Allsop Space records private treaty sales of €8.6m

Allsop Space has revealed that its private treaty initiative has yielded nine property sales worth €8.6m, with a further 25 properties worth €14.9m sold via its Private Treaty to Auction option. The business was launched in September 2013, marking a first for Ireland. It works…
Finance Minister welcomes new bank loans for investors

Finance Minister welcomes new bank loans for investors

  Finance Minister Michael Noonan has said the new development of banks offering mortgages targeted at landlords could help alleviate problems in the rental market. Earlier this week state-owned Permanent TSB launched new loans for buy-to-let investors. It comes as rents have been rising in Dublin and…
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