Monthly Archives: February 2015

Three years before our housing market functions properly

The stark warning comes after it emerged some 8,000 prospective house hunters are in a race against time to buy homes as their mortgage approvals expire. New figures show that 7,692 mortgages were approved between October 1 and the end … Continue reading

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Race to buy before summer will spike house prices

Nearly 8,000 house hunters, who rushed to secure mortgage approval in the weeks before the strict new Central Bank deposit rules came into force, are in a race against time to buy houses and apartments before the summer. Borrowers are … Continue reading

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Honohan says loans to first-time buyers are safer

First-time house buyers clearly represent a safer prospect for lenders, according to Patrick Honohan, the governor of the Central Bank, at one of his first public engagements after the introduction of controversial new rules restricting mortgage lending.The rules allow higher … Continue reading

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Five things you need to know about the new mortgage rules

Well, they’re finally here. After months of speculation, frantic lobbying by interested parties and concerned visits to their bank by putative homeowners, the Central Bank has finally announced its decision. It’s not what everyone may have wished for, but the new rules, which … Continue reading

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Dublin house prices climb 23% in 12 months

The cost of homes climbed by 16.3 per cent nationally in the 12 months to the end of December, while Dublin house prices jumped by 23 per cent over the same period, the latest figures from the Central Statistics Office (CSO) have … Continue reading

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