Payments Federation Of Ireland

6 results

The latest figures have led forecasters to downgrade their estimates of mortgage borrowing for the full year.
What do the new mortgage figures tell us about the property market?

The drawdown of mortgages by borrowers, and approvals for new mortgages, are running ahead of last year’s levels. But the figures for June have falle(...)

A total of 4,473 mortgages were approved in May 2018, with almost half granted to first-time buyers in terms of volume and value. Photograph: iStock
Mortgage approvals exceed €1bn in May

Irish mortgage approvals exceeded €1 billion in May, with remortgaging activity continuing to drive growth in the market, a new survey has shown. The(...)

Things which help demonstrate a borrower’s desirability to a bank include savings and paying rent. Photograph: iStock
House rules: how to get your first mortgage

It has never been easy being a first-time buyer but it has rarely been harder than it is today. Banks that 10 years ago were throwing stupid sums of (...)

KBC Bank Ireland’s profit fell almost a fifth last year to €227 million. Photograph: Bryan O’Brien
ECB should give Irish banks relief over bad loans, says KBC Ireland chief

KBC Bank Ireland chief executive Wim Verbraeken has said the country’s banks, currently selling billions of euro of soured debt to meet European Cent(...)

The Central Bank expects that any banks looking to move here will have senior management and board level executives who are “fit and proper, substantively present and engaged in the running of the bank”
Central Bank sends clear message on authorisation of banks

Ever since the Brexit result on June 24th, there has been much speculation about the relocation of London-based financial services companies to Dublin(...)

Nassau House has a floor area of about 9,290sq m (100,000sq ft), of which a third is divided between nine street-level shops, including Spar, Insomnia, Tiger, House of Ireland and Lemon Crepe. Photograph: Eric Luke
Key city centre corner likely to be redeveloped

A key retail enclave in Dublin’s south inner city looks set to be targeted for redevelopment following its sale to a European real-estate investment (...)