Banks raise the bar for mortgage borrowers

The ongoing economic downturn has meant that securing a mortgage is a lot more difficult than it was in the recent past, writes Emma Kennedy.

30th August, 2008

The ongoing economic downturn has meant that securing a mortgage is a lot more difficult than it was in the recent past, writes Emma Kennedy.

Despite falling house prices, many potential homebuyers continue to sit on the fence in the hope that prices will fall even further.

However, for those who have decided the time is right for them to climb onto the property ladder, securing a mortgage may be more difficult than it was...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago