© Irish Independent |
10 Feb '25 |
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New mortgage start-up, Núa, puts pressure on traditional lenders with interest rate cut
Núa Money, which started mortgage lending here only last year, is dropping its rates by up to 0.75 percentage points.
Núa is a mortgages start-up backed by the Allen beef barons of Wexford.
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© The Irish Times |
10 Jan '25 |
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First-time buyer mortgage approvals hit record levels in November
First-time buyer mortgage approvals hit a record last November, new figures from Banking and Payments Federation Ireland (BPFI) showed, with the average value approved rising more than 8 per cent. - Subscribe |
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© The Irish Times |
12 Dec '24 |
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ESRI again highlights regulator’s role in fanning house prices
Kieran McQuinn, a former Central Bank economist, has been warning that average loan-to-income ratios – a key measure of a borrower’s ability to repay the loan – have been rising. He has describe - Subscribe |
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© Irish Independent |
05 Dec '24 |
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First-time buyers get record number of mortgage approvals – despite property prices rising 10pc a year
Lenders have granted the highest level of approvals for first-time buyers since the Banking and Payments Federation Ireland (BPFI) started recording the approvals in 2011.
The financial institution - Subscribe |
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© The Irish Times |
18 Oct '24 |
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ECB’s latest rate reduction will help borrowers but egg on house prices
John McCartney of BNP Paribas Real Estate Ireland said the latest move will “add somewhat to the heat as it may encourage those who are not maxed-out on their loan-to-value and loan-to-income limits - Subscribe |
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© The Irish Times |
17 Oct '24 |
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Pepper starts to cut variable rates after two ECB reductions
Pepper Advantage, the mortgage services provider used by a number of investment funds for Irish loans acquired after the financial crash, has started to cut variable rates months after the European Ce - Subscribe |
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© The Irish Times |
27 Sep '24 |
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Increase in mortgage approvals continues in August as switching activity picks up
First-time buyers (FTBs) continued to dominate the market, representing 61.5 per cent of total approvals in the period. “In fact, August 2024 saw the highest FTB August values and volumes since the - Subscribe |
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© Irish Independent |
26 Sep '24 |
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People using Help-to-Buy scheme earn more and buy bigger homes than other first-time buyers
Those availing of the Help-To-Buy scheme also tend to have smaller deposits and be younger than other new buyers, according to a research paper by two Central Bank economists. - Subscribe |
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© The Irish Times |
26 Sep '24 |
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Bank of Ireland: Many Irish homebuyers paying a minimum of 10% above asking price amid ‘intense competition’
“Our analysis shows competition for homes intensified during the summer with close to 40 per cent of transactions now being settled at a minimum 10 per cent premium over the original asking price,†- Subscribe |
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© The Irish Times |
26 Sep '24 |
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One in eight home buyers using gifts or inheritances to get on property ladder, research shows
Banking and Payments Federation: “Looking forward, housing output is expected to increase in the second half of the year with the annual number of completions due to be at or above the levels observ - Subscribe |
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© The Irish Times |
26 Sep '24 |
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AIB cuts interest rate on green rate mortgage
Green mortgages can be applied to properties that have a BER rating of A1 to B3, and can also be applied to self-build properties with more than five years left on the mortgage term. - Subscribe |
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© Business Post |
14 Aug '24 |
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ECB will cut rates six times by end of 2025, analysts predict
ECB officials have left little doubt that more rate cuts will follow, though they’ve refused to commit to a particular schedule, citing an uncertain economic backdrop - Subscribe |
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© Irish Independent |
15 Jul '24 |
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PTSB could compete ‘more aggressively’ in mortgage market if regulator revised risk level, say Barclays analysts
Analysts recently released a report that examined various areas of the Irish banking sector. These included analysis of PTSB, research into who can compete for mortgage market share in Ireland, and - Subscribe |
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© The Irish Times |
09 Jul '24 |
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ICS Mortgages cuts rates for buy-to-let borrowers
ICS Mortgages has announced rate cuts for its buy-to-let mortgage products in anticipation of further interest rate reductions at European Central Bank (ECB) level.
The nonbank lender, owned by Dil - Subscribe |
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© The Irish Times |
03 Jul '24 |
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Revolut plans Irish mortgages launch in first half of 2025
The market has received a fresh injection of competition this year, with ICS Mortgages lowering rates and easing lending restrictions, and Moco, owned by Austrian bank Bawag, making inroads into the m - Subscribe |
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© The Property Week |
20 Jun '24 |
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Report on the Availability, Composition and Flow of Finance for Residential Development
DOWNLOAD HERE > The Department of Finance overview of the funding landscape: "there is reasonable access to finance for viable development. However, viability remains a challenge in certain segments, - Subscribe |
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© The Irish Times |
14 Jun '24 |
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First-time buyers looking further afield for homes amid stiff competition, BPFI research says
Some 26,000 first-time buyer mortgages were drawn down in 2023 with a total value of €7.2 billion. This represented a 1.6 per cent increase in the number of home loan drawdowns to the highest level - Subscribe |
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© The Irish Times |
30 May '24 |
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Irish mortgages start-up Nua to go live with initial brokers within weeks
The company, co-founded in late 2021 by bond market veterans Fergal O’Leary and Mark Watson, is understood to be close to finalising a wholesale funding line from a major international bank. It is - Subscribe |
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© Irish Examiner |
01 May '24 |
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MoCo Austrian parent firm amasses €1bn in Irish commercial property loans
The €1.15 billion in loans means that 23 per cent of the bank’s commercial real estate lending is located here.
Nearly all of the bank’s Irish lending relates to deals with commercial real est - Subscribe |
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© Irish Independent |
12 Apr '24 |
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Bank of Ireland's new mortgage product could force buyers into more debt, broker says
The move by Bank of Ireland to give mortgage discounts to Âhomeowners as long as they have some form of energy rating would force large numbers of buyers to take on more debt, Michael Dowling said. - Subscribe |
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