A report by MyHome.ie and Bank of Ireland reveals that first-time home buyers in Ireland are now taking on more debt relative to their incomes than in previous years. The average mortgage has surpassed €300,000, with house prices rising 8.4%…
According to a report by MyHome.ie and Bank of Ireland, first-time home buyers in Ireland are facing significant increases in debt-to-income ratios for the first time since the Celtic Tiger era. The average mortgage now exceeds €300,000, with annual asking…
The DNG National Price Gauge reports an 8.4% increase in the average price of second-hand homes in Ireland for the year ending December 2024. This growth reflects a strengthening market, particularly in regions like the Mid-West, while Dublin’s resale property…
The Halifax predicts that upcoming changes to stamp duty in England and Northern Ireland will incentivize first-time home buyers, with the threshold for exemption dropping from £425,000 to £300,000 starting in April 2024. While average house prices are close to…
Upcoming stamp duty changes in the UK are expected to motivate first-time buyers to enter the property market, according to Halifax. The average home price is nearing £300,000, with notable differences across regions. As of April, first-time buyers will see…
According to Nationwide, UK house prices increased by 4.7% in 2024, with the average home costing £269,426 by year-end. Despite affordability challenges due to rising prices, all regions experienced growth, particularly Northern Ireland. As 2025 approaches, market uncertainty over interest…
Data from the Banking and Payments Federation Ireland reveals that the average mortgage value for first-time buyers has reached a historic high of nearly €290,000, while home mover mortgage values also hit record levels. Despite these increases, overall mortgage volumes…
