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With the next public auction taking place on February 26, The Connacht Property Auction has noted a significant number of buyers are looking to purchase quickly, before their mortgage approval expires. With new rules introduced by the Central Bank, buyers will need larger deposits to purchase property. However purchasers with existing mortgage approval can still purchase under the old rules, until their approval expires.
With just four weeks to go until the next Connacht Property Auction, the auction team are inviting entries for the event which will be held on February 26 in the Menlo Park Hotel, Galway.