Dungarven Observer: “Calls for government to extend and expand Help to Buy Scheme”.

29Jul

Dungarven Observer: “Calls for government to extend and expand Help to Buy Scheme”.

by MyMortgagesUncategorisedBPFI, buying a home mortgage, Central Bank rules, First time buyer, First Time Buyers (FTB), Government financial support scheme, homeowners, interest rates, Mortgage Broker Dublin, Mortgages, primary residence

25Jul

Roscommon Herald: Help Needed For Struggling First and Second-Time Buyers

by MyMortgagesUncategorisedbuying a home mortgage, First time buyer, First Time Home Buyer, first-time buyers, Mortgage Dublin, Mortgage lender, Mortgages Dublin, MyMortgages.ie, second time buyer

An extension of the Help-to-Buy scheme is crucial and it should be expanded to include all buyers of a primary residence not just first-time-buyers. This is the contention of experts at MyMortgages.ie, who say while it’s widely accepted that first-time-buyers need the security of the Government financial support scheme being extended past its December 2019 deadline, second-time-buyers have had less attention, with falling numbers in mortgage approvals showing that they too are struggling.

15Jul

Irish Examiner: Mortgage Expert: Extend Help-To-Buy

by MyMortgagesUncategorisedbuying a home mortgage, First time buyer, First Time Home Buyer, first-time buyers, Mortgage Application, mortgage assistance, Mortgage broker, Mortgage Broker Cork, Mortgage Broker Dublin

The help-to-buy scheme should be extended “sooner rather than later” to help first-time buyers being priced out, a mortgage expert has said.

Joey Sheahan of MyMortgages.ie was speaking as a report from EY and DKM showed nearly half of all counties in the Republic are now unaffordable for first time buyers on an average income.

15Jul

Irish Examiner: Dramatic fall off’ in first-time buyers if Help-to-Buy scheme not extended, expert warns

by MyMortgagesUncategorisedFirst time buyer, First Time Home Buyer, Mortgage Application, Mortgage broker, Mortgage Broker Cork, Mortgage Broker Dublin

There will be a “dramatic fall off” in first-time buyers entering the market next year if the Help-to-Buy scheme is not extended.

That was the stark warning from the head of credit at MyMortgages.ie, Joe Sheahan, who was responding to the latest Central Statistics Office (CSO) figures on house prices.

While house prices continue to ease with the annual rate of increase in May now the lowest in six years, prices increased by 2.8% nationally in the year to May, compared to a 3% increase in the year to April.