Mortgage applications jump four-fold over past two years

The volume of mortgage applications has increased four-fold in the past two years, with 90% of inquiries being approved.

This is according to independent Irish financial advice group, Trusted Advisor Group, which claims the tide is changing in the Irish mortgage market and beginning to feed through to the property market.

“We are coming across a lot of people who have been renting for years and who have held off purchasing a property in recent times due to market uncertainty. A lot of people don’t want to wait any longer and feel that now is the time to buy a property of their own.