Mortgage firm to allow first time buyers to borrow 5 times their salary
1 May - 21 minsFirst time buyers will now be able to borrow up to 5 times their salary to buy a home, under new proposals by Nua Money. This would be a change from the standard 4 times your salary, and would potentially return to Celtic Tiger lending patterns...
So, is this a good move?
Joining Andrea to discuss is Ray Cooke from Ray Cooke Auctioneers, Chrissy Hughes, who runs @firsttimebuyersireland on Instagram and listeners.