Midlands Showing Fast Growth In Mortgages For First Time Buyers

It comes from analysis by the Banking and Payments Federation Ireland. 

The Midlands is among the fastest growing areas when it comes to mortgages for first time buyers.

The loans are increasingly being used to buy new-build homes right across the country according to analysis by the Banking and Payments Federation Ireland. 

Its found growth of over 50% in the number of new mortgages for those buying their first home between 2021 and 2025, in 7 of 12 regions. 

Wicklow was the fastest growing area, followed by Cork, Limerick and the Midlands. 

Uli Ugur, Chief Economist with BPFI says not all counties did so well.

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