# Mortgages

Analysis: 'A number of variable mortgage holders are now looking vulnerable to rate hikes'

Mark Coan of moneysherpa has some advice for those on variable or short term fixed rates.

9.2k

Mon 7:30 PM

Last month

May 2023

Analysis: Government and the Central Bank can take steps to free the 60,000 mortgage prisoners

Mark Coan of Money Sherpa says more needs to be gone at the regulatory level to help those in insecure mortgage positions.

16.2k

May 14th 2023, 7:30 AM

McGrath welcomes ruling ordering Pepper Finance to lower mortgage rate for borrower in insolvency

The couple will now pay a rate of 2.5% over the next 25 years.

13.8k

May 10th 2023, 11:18 PM

Financial advisor: Another ECB hike has been imposed - what should mortgage holders do?

Kieran McAuliffe of Provest looks at today’s ECB increase in interest rates – the seventh in a row – and has some advice for mortgage holders.

14.4k

May 4th 2023, 4:43 PM

This year

2023

Start of 2023 ushers in mortgage slowdown as drawdowns slide by a third

10,908 new mortgages to the value of €2,868 million were drawn down by borrowers during the first quarter of 2023.

10.4k

Apr 28th 2023, 6:00 AM

# Banking

Bank of Ireland apologises over error in transferring over around 35,000 KBC mortgages

The mortgage “start date” for a number of mortgages transferring from KBC to BOI was “incorrectly inputted into our systems”.

20.8k

Apr 11th 2023, 2:39 PM

# Finance committee

Homeowners with €6,000 owed on mortgage given repossession orders, committee told

An Oireachtas committee was told non-banking entities own more than 56% of all domestic mortgages in arrears.

36.4k

Mar 8th 2023, 6:42 PM

Financial expert: 'Never give up your tracker' may not be the best advice anymore

Mark Coan of moneysherpa has some advice for those on a tracker mortgage.

16.2k

Mar 5th 2023, 7:30 AM

# Interest Rate

Ulster Bank increases fixed mortgage rates for second time in four months

The new rates are effective from today and will only apply to certain existing customers.

13.6k

Feb 24th 2023, 1:20 PM

Government-backed mortgage offers are set to get bigger from March

Houses valued up to €360,000 in Dun Laoghaire Rathdown, South Dublin, Dublin City, Fingal, Wicklow and Kildare will soon be eligible for the loan.

14.7k

Feb 7th 2023, 3:24 PM

Ireland had the highest number of mortgage drawdowns last year since 2008

That’s according to two reports published today by the Banking and Payments Federation Ireland.

7.9k

Feb 1st 2023, 6:00 AM

# European Central Bank

Bank of Ireland increasing fixed mortgage rates again

The banks’s fixed interest rates will increase by 0.75% for all new mortgage loan drawdowns.

20.4k

Jan 24th 2023, 1:17 PM

Value of mortgages increase by 16.8% in 12 months: banking lobby report

The value of first-time buyers’ mortgages rose 1.4% year-on-year, according to the report.

8.3k

Jan 13th 2023, 7:08 AM

Last year

2022

# Banks

Tánaiste says there are no current plans to reintroduce mortgage interest relief

Varadkar said there are no plans currently but it’s not something the Government would rule out for the future.

15.8k

Dec 15th 2022, 1:33 PM

# Interest Rates

Permanent TSB becomes latest bank to raise interest on fixed rate mortgages

The increases will range from 0.05% to 0.9% depending on a range of factors.

19.1k

Nov 18th 2022, 7:51 AM

# Interest Rates

Bank of Ireland immediately raises interest rates by 0.25% for new fixed rate mortgages

Bank of Ireland says the move is ‘in light of recent interest rate increases by the European Central Bank’.

15.8k

Nov 10th 2022, 11:43 AM

Mortgage change rules to 'boost purchasing power' of renters

The share of renters that can purchase a three-bed semi-detached home in Dublin has fallen since 2015, says the Central Bank.

13.1k

Oct 20th 2022, 6:15 AM

# Explainer

Mortgage lending limits: What will the new Central Bank announcements mean for you?

An easing of lending restrictions announced today will make a mortgage more accessible for first-time buyers

11.1k

Oct 19th 2022, 6:12 PM

# Reaction

Housing minister welcomes mortgage rule change but concerns raised about house price increases

Concerns have been raised about increasing borrowing limits when supply remains low.

11.9k

Oct 19th 2022, 3:17 PM

# 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.

105k

Updated

Oct 19th 2022, 11:38 AM

# Banking

Mortgage customers 'frustrated' over wait times to switch lenders amid interest rate hikes

There has been a significant increase in applications over the last 12 months, brokers have said.

One customer started his application in July and still has not received a loan offer from the lender he wants to switch his mortgage to, Michelle Hennessy reports.

Brokers have said the exit of Ulster Bank and KBC from the market has left other lenders struggling to keep up with rising demand.

22.5k

Oct 9th 2022, 12:05 AM

Analysis: ECB rates are on the rise, what does this mean for mortgage holders?

Financial expert David Quinn looks at the latest rate hike and the options available to homeowners.

26.6k

Updated

Sep 9th 2022, 10:15 AM

# Mortgage drawdowns

House hunters' spending power drops by 9% as average house price continues to rise

House hunters now have an average of €27,000 less to spend on a home compared to this time last year.

26.4k

Jul 26th 2022, 12:05 AM

# catriona carey

Central Bank issues warning about unauthorised firm linked to businesswoman Catriona Carey

Carey is listed as the sole director of Careysfort Asset Estates Ltd.

29.0k

Jun 9th 2022, 7:38 PM

Mortgage seekers need 'significantly' higher earnings than 10 years ago to secure financing

Median household income of first-time buyers increased from €71,000 to €77,000.

16.9k

May 24th 2022, 6:15 AM

Opinion: The last thing this housing market needs is a subsidy for developers

The Social Democrats are asking the government to scrap the subsidy for developers – Cian O’Callaghan explains why.

18.7k

May 18th 2022, 12:18 PM

Opinion: I am one of 'generation rent' - it sounds like a joke but we've stopped laughing

Conor Brummell says young people in Ireland feel they’ve been forgotten by all on the political spectrum.

59.9k

Apr 10th 2022, 6:55 PM

Highest number of mortgages drawn down last year since 2009

Mortgages drawn down in 2021 were worth a total of €10.5 billion, the highest value since 2008.

10.4k

Jan 26th 2022, 6:10 AM

All time

'Don't despair': Housing Minister on his 'radical' plans to solve Ireland's housing issues

State-backed mortgages, Airbnb regulations, and new law needed for Mica scheme – Housing Minister Darragh O’Brien tells The Journal that people shouldn’t despair about housing.

Grant schemes are under consideration for the buying and refurbishment of above shop units as well as vacant properties around the country, the housing minister tells Christina Finn.

New regulations have been signed that will increase first-time buyers income ceiling for the local authority home-loans to €65,000 for single people.

Minister says he's "frustrated with the pace" with the pace of progress in regulating short-term let platforms.

33.7k

Dec 16th 2021, 12:05 AM

Number of mortgage approvals continues to grow as almost 4,700 signed off last month

This represents a significant increase on the 1,879 mortgage approvals issued in May 2020, the BPFI said.

8.3k

Jun 29th 2021, 6:10 AM

# bank of mum and dad

People split on mortgage lending rules but strongly opposed to limits on inheritance from parents

An overwhelming majority do not favour limits on the money people can receive from parents.

66.8k

Jun 28th 2021, 6:45 AM

# Housing Crisis

Varadkar urges Central Bank to get mortgage lending rules review done 'as soon as possible'

The rules restrict the amount someone can borrow to 3.5 times their income, though there are exemptions.

17.9k

Jun 24th 2021, 3:08 PM

Number of mortgage approvals nearly doubled in April compared to same month last year

4,362 mortgages were approved in April this year.

8.3k

Jun 1st 2021, 6:15 AM

# Housing Market

First-time buyer mortgage drawdowns at highest Q1 level since 2007 - BPFI

Figures show overall mortgage drawdowns in Q1 were at their highest since 2009.

12.7k

Apr 29th 2021, 12:34 PM

# property ladder

'Relationship status should not define your ability to own a home, but it does'

Single people say trying to buy a home is even more difficult for them than for couples – and that’s saying something.

As difficult as buying a home can be for couples, single people face an even bigger challenge

Some people are 'priced out of 95% of houses in Dublin'

'The rampant greed of the Celtic Tiger cast a long and depressing shadow,' one buyer said

90.4k

103

Mar 28th 2021, 12:05 AM

Significant decline in buy-to-lets as Covid-19 continues to impact housing market

Buy-to-let investors now account for less than 1% of mortgages, compared to 20% in 2006, according to new figures.

13.9k

Mar 9th 2021, 6:00 AM

# property ladder

Over 3,300 mortgages approved in January, representing 2.8% year-on-year increase

That’s according to figures released by the Banking & Payments Federation Ireland today.

11.8k

Feb 26th 2021, 6:30 AM

# Banking

'No need to panic': How will the Ulster Bank wind down affect customers?

The bank will be wound down gradually over the next few years.

21.6k

Feb 19th 2021, 10:49 AM

# The Banks

Government to explore creating a 'third force' in Irish banking if Ulster Bank exits Irish market, says Varadkar

A formal announcement is expected on Ulster Bank’s operations in the Republic of Ireland tomorrow.

75.8k

Updated

Feb 18th 2021, 12:53 PM