lending

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Lending for house purchases up by €27 million in final quarter of 2016

Lending for house purchases up by €27 million in final quarter of 2016

Lending for house purchases increased by €27 million over the final quarter of 2016, the first net increase since the end of 2009. The figures from the Central Statistics Office (CSO) revealed, however, that mortgages in the buy-to-let sector have decreased by €394 million during the…

Savills launch new video to coincide with market outlook report

Estate agents Savills have launched a new video to coincide with the launch of their Residential Property Market Outlook 2015 report. In the video the group discuss what’s in store for the Irish housing market in 2015. Dr John McCartney, Economist & Director of Research…
General
Fears that non-first time buyers could become trapped in their homes because of new mortgage rules

Fears that non-first time buyers could become trapped in their homes because of new mortgage rules

Fears have been expressed that the new Central Bank rules on mortgage lending will prevent many non-first time buyers upgrading their homes. Speaking yesterday, Fianna Fáil’s finance spokesperson Michael McGrath said people who had already bought could become trapped in their current homes despite the…
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