First-time buyers driving mortgage market in 2017

22nd January, 2017

The easing of the Central Bank’s restrictions – notably the announcement that first-time buyers no longer need to have a 20 per cent deposit on properties above a certain value, instead a deposit worth 10 per cent will suffice, as well as the introduction of the government’s Help to Buy scheme – has encouraged first-time buyers to the market in significant numbers.

According to research carried out by Daft.ie, the majority of new...

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