Sunday September 20, 2020

Wait-and-see approach to house buying

While mortgage lenders have reported a slight upturn in business, it remains to be seen if the new measures introduced by the government in last Tuesday’s budget will affect purchaser confidence

11th April, 2009

Prior to last week’s budget, there were tentative signs that a small number of housebuyers were taking their first steps back to the property market.

It remains to be s e en whether the increased levies and mortgage interest relief changes announced by the minister for finance last week, coupled with increasing concern about jobs, will halt potential buyers in their tracks.

The most recent figures from the Central Bank show that the...

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