Making Cents: 20-year fixed rate ‘a big day for Irish mortgage market’

The maximum term of 20 years is twice as long as currently available to Irish mortgage customers

Martina Hennessy, managing director of doddl.ie. Picture: Conor McCabe

While home-buying has been making headlines for all the wrong reasons of late, there has been some positive news for potential borrowers, with a number of new rates and long-term fixed rate options announced last week.

Finance Ireland - company which first entered the residential mortgage market in 2018 – launched a range of long dated fixed rate mortgages for owner occupiers.