Buy-to-let loans look poised to accelerate

Attractive rates lure professional investors back to the market as residential mortgages stay strong.

24th June, 2018
2
Elmpark Green in Dublin 4, where a private investor recently paid around €3.6 million for 11 apartments, representing a gross yield of around 4.9 per cent. Two-beds there rent for €2,000 a month, according to selling agents Hooke & MacDonald

The level of buy-to-let investor activity may be about to accelerate, if recent trends in the mortgage market are considered an indicator. The first three months of this year saw a 12.8 per cent increase in the draw down of buy-to-let mortgages across Irish banks and lenders compared to the same period of 2017.

In April, the number of residential investment letting mortgage approvals saw a 27.3 per cent increase according to the Banking and Payments Federation...

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