News

COVID-19 pandemic presents unique opportunity to restructure economy says BPFI

9 Feb , 2021  

The National Development Plan must focus on climate and sustainable related projects that will drive balanced rural development and growth across the regions, according to Banking & Payments Federation Ireland’s submission to the public consultation on reviewing the National Development Plan. Outlining the key points made within the submission, Brian Hayes, Chief Executive, BPFI said: “The […]

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BPFI figures show strong quarterly growth in mortgage drawdowns

29 Jan , 2021  

Banking & Payments Federation Ireland (BPFI) has published the latest figures from the BPFI Mortgage Drawdowns Report for Q4 2020 and the BPFI Mortgage Approvals Report for December 2020. The following are the key figures from the Mortgage Drawdowns Report for Q4 2020. The following are the key elements: 12,154 new mortgages to the value of €2,950 million were drawn down by […]

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Strong activity in mortgage approvals in November – BPFI

22 Dec , 2020  

Banking & Payments Federation Ireland (BPFI) has today published the latest figures from the BPFI Mortgage Approvals Report for November 2020. The following are the key elements: A total of 5,198 mortgages were approved in November 2020 – first-time buyers (FTBs) were approved for 2,826 mortgages (54.4% of total volume) while mover purchasers accounted for 1,373 (26.4%). […]

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Housing commencements feeling the impact of Covid-19

8 Dec , 2020  

The latest Housing Market Monitor published today by Banking & Payments Federation Ireland (BPFI) shows that housing supply is feeling the impact of Covid-19 disruptions and won’t match demand until at least the end of 2023. With a decline in both completions and commencements of new builds this year due the current pandemic the supply […]

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Significant increase in mortgage approvals for September with decline in mortgage drawdowns in Q3

27 Oct , 2020  

Banking & Payments Federation Ireland (BPFI) has published the latest figures from the BPFI Mortgage Approvals Report for September 2020 and BPFI Mortgage Drawdowns Report for Q3 2020. The following are the key figures from the BPFI Mortgage Approvals Report for September 2020: A total of 4,621 mortgages were approved in September 2020 – some 2,636 were for FTBs (57%) of […]

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Mortgage approvals down in May

26 Jun , 2020  

Banking & Payments Federation Ireland (BPFI) has today published the latest figures from the BPFI Mortgage Approvals Report for May 2020. The following are the key elements: A total of 1,879 mortgages were approved in May 2020 – some 852 were for FTBs (45% of total volume) while mover purchasers accounted for 424 (23%). The number of […]