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Wednesday 1 February 2023 Dublin: 6°C

# Lending

Last year
2022
# mortgage rules
Central Bank rule change: First-time buyers to be able to borrow four times gross income
A review into mortgage lending began last year.
All time
# Lending
Drop of nearly 10% in mortgage approvals in March compared to 2019
The figures offer an early indication of the impact of Covid-19 on lending.
# Interview
Meet the man at the vanguard of Ireland's budding peer-to-peer business lending market
‘I think we’re only scratching the surface’ – Niall Dorrian has big plans to build Linked Finance.
# slowing down
The asking price for a typical three bed semi-detached in Dublin is now at €310,000
The report looks at house prices over the year up until the end of Q2 of this of this year.
# Lending
Tracker mortgage scandal: Overcharging total expected to reach €700 million
Padraig Kissane said he believes a further 5,000 cases not yet included in the investigation are impacted.
# mortgage to rent
'We are crying out for help': A father's letter to the Taoiseach as he battles to keep family home
Karl O’Doherty had been advised by the Master of the High Court to write to Leo Varadkar.
# Lending
Mortgage approval rates have shot up by nearly 30% in a year
New figures show a 28% increase in mortgage approvals since last year.
# pepper ireland
Australian-owned lender upping its presence in Ireland's mortgage market
Pepper Money is the latest firm to offer loans direct to customers in an increasingly competitive market.
# Build Em Up
Ireland's investment fund is going to spend €500 million building 11,000 houses
It will create 1,900 jobs a year.
# shadow of its former self
Could credit unions be on the way out? They're said to be under 'sustained attack'
Fianna Fáil thinks the sector is burdened by “excessive regulation and bureaucracy”.
# Not all that glitters...
House buyers warned not to be taken in by 'glitzy' offers
The Association of Expert Mortgage Advisors is saying that individuals should look for longer term benefits.
# only way is up
After taking a brief timeout, house prices are climbing up and up again
2015 is following the exact same pattern as 2014.
# Mortgages
300,000 people who owe €2.5 billion have asked for help
MABS has been busy.
# uncertainty
The price of a 3-bed semi has dropped by €20k in one area of Dublin
The market slowed in the Dublin area in the last quarter of 2014, amid uncertainty over new Central Bank lending rules.
# crunch talks
Euro takes a wallop as ECB plays hardball with Greece
The central bank will no longer accept Greek debt as collateral for loans.
# Lending
What's the best credit rating score and how do you find out yours?
These are some of the most common questions house buyers ask.
# Show Me The Money
Irish people repaid €335m more than we borrowed last month
We all partied, eh?
# Predatory Lending
Why are there no payday loans companies in Ireland?
If you want a 5,800% APR loan, your luck is out.
# Pay Me Later
Credit union 'lent €3.1 million for five years with no interest or payments'
Killorglin Credit Union has been transferred to Tralee Credit Union.
# Back in black
AIB is giving out more mortgages and fewer people are in arrears
The bank says it is “profitable” this year.
# Deal
About 138 SMEs a day are asking Bank of Ireland for loans
And they say they are approving 87% of them.
# no panic
'Panic buying' is gone from the property market say estate agents
The Real Estate Alliance say that prices are rising but homebuyers aren’t feeling pressured.
# Property Bubble
Fianna Fáil thinks the Central Bank's tough new lending rules are 'simply unfair'
Yep, the party in power during the last property bubble…
# Mortgage Your Future
Buying a house? Here's what you need to be earning under the new rules
The Central Bank has revealed some new guidelines to banks. Here’s how they might affect you.
# winners
What do ECB interest cuts mean for Irish pockets? Plenty for trackers
But you should take advantage while you can, OK?
# borrower nor a lender
Irish aversion to debt is "most disappointing" aspect of recovery
Loan repayments were €437 million higher than new lending last month.
# Lending
Irish small businesses are getting hungrier for credit
ISME warned that the extra demand must be met by new lending.
# Lending Terms and Conditions
Nearly 60% of Credit Unions are subject to lending restrictions
The restrictions are designed to limit the amount of a single loan.
# Statement of Priorities
These are the six areas Enda and Joan want to prioritise from now until 2016
From access to childcare to disposing bank assets, they’ve covered a lot in the Statement of Priorities.
# Debt drawdown
Lending to small businesses is up for the first time in 18 months
Non financial corporations are pulling down more cash, but households are still borrowing less.
# SMEs
The funding 'hunger march': over half of companies refused bank credit
Banks are ‘sugar-coating’ the acceptance figures, while the Government watches on, ISME said.
Voices
Damien Kiberd: This government's housing policy will - literally - put people on the streets
Willful ignorance or not, the crude approach is going to end in misery. Again.
# Oireachtas agenda
Legalising cannabis, tackling reckless lending and bad roads
…and that’s just in one committee meeting. Here’s everything happening in Leinster House today.
# risk assessment
Some credit unions 'unwilling to comply with the law' - Central Bank
Credit unions Registrar Sharon Donnery made the warning in a report sent to credit unions yesterday.
# improvement
Number of defaulted loans fall at Bank of Ireland
BoI says it is trading normally as shareholders meet in Dublin.
# Credit Crunch
Too much debt and not enough houses: Ireland's creditless recovery is here to stay
We’re too focused on paying down our existing debt burden to consider new lending, says a new report.
# Anglo Trial
Anglo jury continue deliberations on charges against Willie McAteer and Pat Whelan today
Yesterday, former CEO and Chairman of Anglo Irish Bank Sean FitzPatrick was found not guilty on all charges.
# Anglo Trial
Anglo jury to begin deliberations for a fourth day
In total, the jury have been deliberating for eleven hours.
# Onwards and Upwards
Dublin property prices will climb 10 per cent this year
Merrion warns of deflation risk amid housing pickup.
# Mortgage Arrears Crisis
Number of homeowners in arrears over 90 days falls to 78,000
The number of permanent restructures is up by around 200 in February.