Housing Slowdown in mortgage lending for first time in seven years as level of switching drops sharplyMany people recently locked in fixed interest rates in response to a recent surge in borrowing costs
Housing Housing completions expected to drop to 27,000 this yearLast week Leo Varadkar said 40,000 properties need to be delivered annually to meet demand
Consumer Irish bank customers warned of scams with ‘minimum investments’ of €20,000The Banking & Payments Federation Ireland said many fraudsters use the names and branding of well-recognised firms
Mortgages Rate of mortgage approvals jumps to record highThe value of mortgages for property purchases increased by 10 per cent year-on-year
Housing Jump in home improvement loans given out to property ownersThe value of loans to upgrade properties surpassed finance for cars for the first time
Banking Mortgage drawdowns increased to €14bn last year, the highest level since 2008Mortgage market grew to its highest level in over a decade, according to new figures from the Banking & Payments Federation of Ireland (BPFI)
Banking Jim O’Keeffe appointed president of Banking & Payments FederationO’Keeffe has held key roles in AIB’s retail customer relationships, overseeing the bank’s digital services, branch banking and group mortgages
Banking New mortgage approvals rise to €15bn as customers seek new deals amid rising interest ratesFigures from the Banking and Payments Federation Ireland showed a 17% increase in new mortgage approvals in 2022 versus the year before
Housing Banking group says house prices will continue to rise despite overvaluation warnings BPFI says structural issues will keep demand for property high
Strong growth in mortgage approvals in FebruaryThe number of mortgages approved rose by 7.5 per cent month-on-month
First-time buyers needed average deposit of €52,000 in first half of 2021Rising house prices are driving deposit amounts, according to the Banking and Payments Federation Ireland
‘Change to corporate tax rate will not impact vast majority of firms in Ireland’Country should sign up to OECD tax deal rather than be seen as an ‘outlier,’ according to PwC tax partner
BPFI paper reveals Irish banks’ hostility to new global trading regulationsA new position paper from the Banking and Payments Federation of Ireland shows that the banks argued the rules would require them to hold far more capital than their global peers, limiting their ability to lend
