A Clare Real Estate Agent claims the record increase in mortgage approvals doesn’t reflect housing accessibility in this county.
New data from the Banking and Payments Federation shows that 30,508 mortgages have been approved so far this year, with 63% going to first time buyers.
- Advertisement -
At present in Clare a household hoping to purchase a one bedroom apartment via a mortgage would be €364 per month better off than renting the equivalent property.
Diarmuid McMahon from Sherry Fitzgerald McMahon in Ennis says however that the number of landlords exiting the market is extremely concerning.
Listen to the full interview here
