Lenders buckle to market demand
Just ten years ago the longest mortgage you could get was for 20 years.
Just ten years ago the longest mortgage you could get was for 20 years. Now mortgages of 35 to 40 years are fast becoming the norm, as people try to get on the property ladder despite rising house prices.
In 2000, 61 per cent of all mortgages taken out were for 25 years or less, 35 per cent were for 25 to 30 years, and just 1 per cent were for 35 years. At that stage, 40-year mortgages...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
The year in review
The best writing and and the biggest stories of 2019 from the Business Post
Newsround: What Thursday’s papers say
Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals
More cycle routes, expansion of Luas to Bray and new bus network proposed
Greater Dublin Area draft Transport Strategy published
