Subscriber Only: What every first-time buyer needs to know before putting in a bid

‘First-time buyers used to be mid-20s, not long out of college. But they’re much older now'

The introduction of Help To Buy and an overall rise in development means first-time buyers have more choice now than they would have had in the recent past, and bidding isn’t as frenzied

They are aged about 34, earning about €69,000 if they live outside of Dublin, and €81,000 in the capital, and looking to buy a new home in Dublin 15, Dublin 24, Kildare or Cork. They’ve saved a deposit of €37,000 for their home outside of Dublin, or €52,000 if they are buying in the city, although this can be reduced thanks to Help To Buy., and they’re driving growth in the Irish property market.

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