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Around Half Of First Time Buye...

Cork

Around Half Of First Time Buyers Get Help Onto Property Ladder From 'Bank Of Mam And Dad'

RedFM News
RedFM News

04:13 18 Feb 2023


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Around half of Ireland's first time buyers are getting a leg-up onto the property ladder - from the 'bank of mam and dad'.

Estate agents and mortgage brokers speaking to the Irish Independent say the new trend is keeping house prices inflated.

There are concerns that a whole new generational divide is being created, between parents who can afford to help - and those who can not.


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