Some 4,928 mortgages approved in May with an overall value of close to €1.4 billion
On an yearly basis, the volume of overall mortgage approvals declined 4 per cent while the value of new mortgages slumped by 8 per cent amid a steep 72 per cent decline in remortgaging and switching activity over the previous 12 months.
It meant “the annualised value of FTB approvals surpassed €8 billion for the first time since the data series began in 2011, at €8.06 billion”, Mr Hayes said, representing a “strong pipeline for FTB drawdowns later in the year”.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gardaí hunt Audi A4 driver over 2011 hit and run that killed Fintan Traynor'In 12 years, loyalties, friendships and relationships change and perhaps now you are in a position to provide the investigation team with the vital information'
Read more »
Gardaí renew appeal over fatal hit and run collision in Co Monaghan in 2011Tomorrow will mark the 12th anniversary of Fintan Traynor’s death in the collision in Lemgare, Clontibret, Co Monaghan.
Read more »
Nicola Bulley died from drowning with no evidence of assault, inquest toldDisappearance of 45-year-old mortgage broker in January sparked social media frenzy
Read more »
Why Sinn Féin’s plan to give tax relief to mortgage holders is not a good ideaIf mortgage interest relief is introduced it should be given to those who need it most: first-time buyers
Read more »
Aslan in first interview since losing Christy Dignam - 'We'll play on for him'EXCLUSIVE: “It will never be Aslan in its true form again but we want to continue and let his memory live on through us.”
Read more »
Getting in the driver’s seat: all the financial info first-time drivers need to knowLearning to drive is not only a big responsibility, but a significant financial outlay – so it’s good to prepare for every step of the way
Read more »