The banking sector has called for a targeted Credit Guarantee scheme for SME builders and developers in order to unlock critical private finance which will be required to meet expected higher housing targets. The report, which was commissioned by Banking & Payments Federation Ireland (BPFI), examines how the lending capacity of the banking sector can […]
A new report published by Banking & Payments Federation Ireland (BPFI) into the current status of retrofitting in Ireland has today called for further government action to make retrofitting more affordable for homeowners through the introduction of tax incentives, a low-cost finance scheme, increased grants and subsidies for ancillary costs such as Building Energy Rating […]
The latest Housing Market Monitor Q2 2023 published today by Banking & Payments Federation Ireland (BPFI) shows that Ireland’s housing market remains strong, with increased supply of new housing and continued pent-up demand. Outlining the key findings from the monitor, Ali Uğur, Chief Economist of BPFI stated: “Current indicators show that new housing supply remains […]
Banking & Payments Federation Ireland (BPFI) has published the latest figures from the BPFI Mortgage Approvals Report for January 2023. The following are the key elements: Speaking on the publication of the data, Brian Hayes, Chief Executive, BPFI stated: “Our latest mortgage figures show that in January 2023 the value of approvals for property purchase […]
The latest Housing Market Monitor Q2 2022 published today by Banking & Payments Federation Ireland (BPFI) shows that housing supply needs to continue to increase in order to moderate house price increases and enhance affordability in the market. Outlining the key findings from the Monitor, Brian Hayes, BPFI Chief Executive said: “With an increase in […]
Banking & Payments Federation Ireland (BPFI) has today published the latest figures from the BPFI Mortgage Approvals Report for July 2022. The following are the key elements: A total of 5,255 mortgages were approved in July 2022 – first-time buyers (FTBs) were approved for 2,376 mortgages (45.2% of total volume) while mover purchasers accounted for 1,075 (20.5%). […]
The latest Housing Market Monitor Q1 2022 published by Banking & Payments Federation Ireland (BPFI) shows that while an increase in supply in housing may be easing the growth in property prices, this could be offset by the cost pressures building up in relation to construction input prices which could have a knock-on effect on […]
The latest Housing Market Monitor Q4 2021 published today by Banking & Payments Federation Ireland (BPFI) shows that while there was a major increase in the housing pipeline in 2021, constraints in the construction sector, due to the continued impact of the pandemic and labour shortages, could curb , and that housing supply as demand for […]
Banking & Payments Federation Ireland (BPFI) has today published the latest figures from the BPFI Mortgage Approvals Report for January 2022. The following are the key elements: A total of 3,621 mortgages were approved in January 2022 – first-time buyers (FTBs) were approved for 1,868 mortgages (51.6% of total volume) while mover purchasers accounted for 802 (22.1%). […]
Banking & Payments Federation Ireland (BPFI) has today published the latest figures from the BPFI Mortgage Drawdowns Report for Q4 2021 and the BPFI Mortgage Approvals Report for December 2021.The following are the key figures from the Mortgage Drawdowns Report for Q4 2021. A total of 13,299 new mortgages to the value of €3,312 million were drawn down by borrowers during […]