Ditching the Dirt

Michael Noonan’s Dirt rebate scheme will do little to help first-time buyers saving for a deposit

19th October, 2014
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Michael and Karen, a couple in their 30s, have been saving hard for the last year and a half, and were hoping to buy their first home this year.

After months of scrimping and saving, the couple have had their loan approved, but are starting to panic that they won’t be able to find a suitable property before new Central Bank proposals on stricter mortgage lending kick in next year.

The couple are...

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