Thursday October 22, 2020

New mortgage lending up 72% in first quarter, says IBF

New mortgage lending rose by almost 72 per cent in the first quarter, according to new figures from the Irish Banking Federation.

13th May, 2014
IBF: "we remain concerned that housing supply constraints in key locations are becoming a serious impediment to sustained growth."

New mortgage lending rose by almost 72 per cent in the first quarter, according to new figures from the Irish Banking Federation.

The IBF/PwC Mortgage Market Profile shows that a total of 3,425 new mortgages, to the value of €568 million, were drawn down by borrowers here during the first quarter of 2014.

The figures represent an increase of 65.6 per cent in volume and 71.6 per cent in value on the corresponding first quarter of 2013....

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