Personal Finance

Personal Finance: Thinking about buying a property through your pension? Here’s what you need to know

There are several factors to bear in mind if you decide to go down this road

Property values can go down as well as up so remember this when buying property through your pension

Irish house prices have been surging in recent months, with the rate of house price growth accelerating steadily since last September. Prices are now 8.5 per cent above their highest level at the peak of the property boom in April 2007.

With a European Central Bank (ECB) rate cut expected this June, this momentum in prices could continue. A fall in ECB rates could likely push up demand, and therefore the price of houses.

Against ...