According to statistics released this week by the Central Bank, both personal loans and home loans have fallen year on year in February.
Central Bank: Demand for Mortgage Loans on the Increase
MortgagesThe Irish Central Bank’s quarterly Bank Lending Survey has shown an increase in demand for home loans in Ireland.
AIB: 25 Percent Deposit For One-Bedroom Mortgage
MortgagesAIB is reportedly asking would-be homeowners looking to purchase a one-bedroom apartment to pay more than a 25% mortgage deposit. As reported in the Herald.ie, the state-owned lender has reduced the level of mortgage funding for one-bedroom properties – a move could hurt first-time buyers.
Continue reading
Bank of Ireland offers to buy back €1 billion in mortgage securities
MortgagesAs reported in The Independent, The Bank of Ireland has proposed to buy back €1 billion in mortgage securities from investors.
Continue reading
Third of Nationwide mortgages in arrears
NewsAccording to an article in the Irish Independent over a third of consumer mortgages from the Irish Nationwide Building Society have fallen into arrears.
September: Loans in Ireland decline by 1.6%
NewsWhilst bank loans provided to households for general purchases in September declined by a whopping 14.8% over an annual basis in September, lending for house purchases fell by 1.6%.