14% rise in mortgage approvals in April, led by first-time buyer loans, BPFI data shows.

Mortgage approvals rose 14% in April, with first-time buyer loans growing the fastest, according to Banking & Payments Federation Ireland (BPFI) data. Almost two-thirds of the 4,446 mortgages approved in April were for first-time buyers, while mover-purchasers accounted for 20%. The total value of mortgages approved in April was €1.321bn, with first-time buyers accounting for €862m (65.3%) and mover-purchasers for €315m (23.8%).

May 24, 2024
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