Michael Noonan

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…
Number of housing measures implemented in Budget 2015

Number of housing measures implemented in Budget 2015

While Tuesday’s Budget mainly focused on the end of austerity, there were a number of measures implemented that will have an impact on the property market in the next year. Amongst the main points were: • Refund on DIRT on savings for first time buyers…
Pages