property bubble

General
Noonan plays down fears of property bubble

Noonan plays down fears of property bubble

Minister for Finance Michael Noonan has played down fears of an impending property bubble in Ireland. Rising house prices in recent months and years has led many to speculate that a bubble, similar to that at the height of the Celtic Tiger, was set to…
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…