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!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 6 years ago

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

Legacy Digital Desk 6 years ago