Search Results for 'Banking and Payments Federation Ireland'
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Commenting on recent Central Bank figures indicating a growth in net lending for mortgages, Brokers Ireland said such figures indicate the state of banking rather than charting what is actually happening with consumers.
The residential property market is always a hot topic in Ireland, and 2018 did not disappoint in providing many talking points in Galway and across the country.
Responding to the recent Banking and Payments Federation Ireland mortgage drawdowns for the second quarter of 2018, Brokers Ireland have stated that the standout figure is a 95.5 percent year-on-year increase in the volume of re-mortgaging/switching, indicating that Irish consumers are getting the message there is value to be had in switching.
Brokers Ireland says Central Bank mortgage rules should not differentiate between first and subsequent buyers.
The housing crisis is “deepening before our eyes” and it will require a whole of Government approach with urgent action from the new Government, according to the Institute of Professional Auctioneers and Valuers (IPAV).