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fromIrish Independent
1 week ago
Real estate

Slowdown in number of home movers approved for a mortgage due to 'housing shortage'

Mover-purchaser mortgage approvals fell by about 9,000 in the first ten months, the lowest since 2020, while first-time buyer approvals remained comparatively strong.
fromIrish Independent
3 months ago
Real estate

Mortgage approvals reach new high as first-time buyers try to secure homes

Mortgage approvals in July reached almost €1.8bn, the highest since tracking began, driven largely by strong first-time buyer demand.
more#first-time-buyers
fromIrish Independent
2 months ago

Mortgage approvals drop as first-time buyers and movers struggle to find homes

The drop in would-be movers, who own a home but are looking to either move to somewhere bigger or downsize, fell more sharply, down 16.8pc year-on-year in August. Those movers who did get a loan are looking to borrow more, an average of €384,887, compared with the €325,934 average for first-time buyers. The slowdown among movers ­combined with the lack of new housing completions points to a further strain on supply for first-time buyers.
Real estate
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