Mortgage - Longford Live -

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National News

Rate of house price inflation halves as buyers become more cautious, poll finds

...rising interest rates will lead to slower price growth, but that pent-up demand in the market remains strong. The average MORTGAGE approval rose to 288,300 euro, up 8% on the year. “In the year to June, 16% of MORTGAGE approvals failed to translate...

03 Oct 2022 at 13:09

National News

New survey finds house price inflation halved as A-rated price gap appears

...purchasers in the past quarter were first-time buyers according to REA, a figure which rose to 76% in Dublin as people with MORTGAGE approval look to get on the housing ladder. The highest quarterly increase in Q3 was seen in the country’s large towns where...

03 Oct 2022 at 11:53

National News

Bank of Ireland fined more than 100m euro over tracker mortgage breaches

Bank of Ireland has been fined more than 100m euro by the Central Bank for regulatory breaches affecting tracker MORTGAGE customers. The fine of 100,520,000 euro is the largest ever imposed by the Central Bank. It said the penalty was imposed for a series of...

29 Sept 2022 at 11:24

Home

BUDGET 2023: Windfall tax or surplus ‘will fund further inflation measures if required’

...assumptions about people’s underlying financial health in that somebody may have a decent headline income but face large MORTGAGE bills, or high rental payments of kids going to college, of health expenses. “So I think we did feel the need to spread the...

28 Sept 2022 at 14:10

National News

Windfall tax or surplus ‘will fund further inflation measures if required’

27 Sept 2022 at 23:32

Home

Further interest rate hikes on the way confirms chief economist

...that further hikes are on the way. The interest rate hikes will result in repayments for over 400,000 tracker and variable MORTGAGE holders across Ireland rising. The move was seen as a key step in the fight against inflation even as the euro zone economy...

19 Sept 2022 at 14:00

National News

Further interest rate hikes on the way confirms chief economist

19 Sept 2022 at 11:55

Longfordleader

Longford construction firms reflect on difficult market

...which has seen revenue channels across the sector dissipate overnight and thereby forcing young workers from drawing down a MORTGAGE. “Overall, to build a house now to back then you are talking a 75 per cent increase (between 2019 and June 2022),” said...

06 Aug 2022 at 08:00

National News

Average first-time buyer mortgage drawdown increases to more than 260,000 euro

The average first-time buyer MORTGAGE drawdown increased to more than 260,000 euro in the second quarter of this year, a new report has found. New figures from the Banking & Payments Federation (BPFI) showed the average MORTGAGE drawdown by first-time...

26 Jul 2022 at 01:01

Home

Spiralling costs hit Longford's beleaguered construction industry

...overheads is having a knock on effect on the wider sector and forcing more and more young couples to forego drawing down a MORTGAGE in a bid to build their dream new home. For more, see this week's Longford Leader.

03 Aug 2022 at 08:00

Longfordleader

Local building sector in crisis

...overheads is having a knock on effect on the wider sector and forcing more and more young couples to forego drawing down a MORTGAGE in a bid to build their dream new home.

03 Aug 2022 at 08:00

National News

Lower income households face higher rate of inflation, data shows

... This was followed by electricity, gas and other fuels, and restaurants and hotels. New data shows households paying a MORTGAGE had estimated annual inflation of 8.4%, while for those which own their home outright, inflation was estimated to be 9.3%...

27 Jul 2022 at 14:32

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