‘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.
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.
Man in his 20s shot several times in busy Irish housing estateMan in his 20s shot several times in busy housing estate in Dublin 15
Read more »
Man arrested in connection with gangland murder of Kane McCormackOfficers last December also arrested a man, in his 20s, in relation to the murder
Read more »
Murphy insists funding for first-time-buyer loan scheme 'has not run out'A first-time-buyers loan scheme has not closed and applications can continue, Housing Minister Eoghan Murphy has said, following concerns that funding has run out
Read more »
Ship seized by Customs officers could be Ireland’s first ever wreck dive siteIt was impounded in June 2014 when armed gardai discovered a 4,000kg shipment of tobacco – with a street value of €13million – at Drogheda Port
Read more »