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IPAV notes the essential need to tweak property market mortgage regulations

In a pre-Budget submission for IPAV, the Institute of Professional Auctioneers and Values, economist Jim Power says enabling those earning up to €60,000 to borrow up to 4.5 times income, as opposed to the current 3.5 times income, would bring some equity to the market and give hope to a large cohort of the younger generation.

IPAV notes cheaper cost of servicing a mortgage than paying rent as issue of supply remains

Responding to the most recent Daft.ie Rent Price Report for Q2 2021 IPAV, the Institute of Professional Auctioneers and Valuers, said the latest report highlights yet again that it is only in the two most expensive areas in which to buy property, Dublin 4 and Dublin 6, that repaying a mortgage on a three-bedroom home is more expensive than paying rent, and at that it is only marginally so.

 

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