Person: Brian Hayes

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p>Banking and Payments Federation Ireland data shows that approvals for first-time buyers fell over 9% in June compared to the same month last year. Picture: iStock</p>

companies

Mortgage approvals drop 6% in June – BPFI report

But BPFI chief Brian Hayes said it was the third strongest June for first-time buyer approval volumes since the data began in 2011

<p>A capital markets union would create a single market for lending across the EU, allowing money to flow more easily across the bloc. </p>

companies

Banking representatives call for EU to develop single capital market

<p> The average first-time-buyer mortgage drawdown increased to €282,084, up from €264,621 a year earlier. Picture: Denis Minihane</p>

economy

Number of first-time-buyer drawdowns hits new 26,000 peak with value of over €7.2bn

economy

Banking sector facing skills shortage

Close up of a calculator and euro money in a financial analyzing concept

economy

Average car loan in Ireland hits record €12,000 on increased appetite for electric and luxury vehicles

economy

Recruitment concerns among small firms remain key issue for growth

Mortgage application loan agreement and house key

Mortgage drawdown volumes tumble by more than 20%

First-time buyers represented 60% of mortgages drawn down

Fri, 27 Oct, 2023

Banks and Mabs collaborate over mortgage debt advice

Mortgage brokers and debt advisers have warned that households are already struggling.

Tue, 06 Jun, 2023

Paul Hosford: Fur coats and no knickers as Dáil returns

When you watch the proceedings of the Oireachtas regularly, there are some phrases that stand out from the normally reserved debates. It didn't take long for this Dáil term to deliver in that respect

Wed, 18 Jan, 2023

Mortgage repayments up €100 a month due to rising property prices, according to new report

Ireland's mortgage market grew strongly in the first half of 2022, with drawdowns up 17% to 21,895, the most since 2009

Fri, 18 Nov, 2022

Mortgage-rate increases see first-time buyers shelling out thousands extra

In just two years, first-time buyer monthly payments are up over €100, around €46,000 extra in the lifetime of a 35-year mortgage

Fri, 18 Nov, 2022

Mortgage switching more than doubles as homeowners try to avoid ECB rate hikes

Mortgage switching has increased by 115.8% since this time last year, according to new data

Mon, 31 Oct, 2022

Longer-term support for small firms needed as energy crisis lasts, warns banking group

'Likely that current inflationary pressures through energy price increases will continue in the short term', report on SMEs says

Wed, 12 Oct, 2022

Housing supply must increase as prices exceed pre-crash peak, banking lobby warns

The BPFI report says the number of dwelling completions is up 53.4% on last year, but dwelling commencements are down by 43.5%

Tue, 06 Sep, 2022

New figures show November mortgage approvals were lower than in 2020

BFPI numbers illustrate the continued slowdown in mortgage approval volumes compared to the previous year

Wed, 12 Jan, 2022

Bank of Mum & Dad inflates deposits for first-time mortgages to €52,000

In just six months, gifts from parents accounted for about €209m of the money spent on Irish properties

Tue, 07 Dec, 2021

Ireland raises €700m in benchmark debt to fund Covid-19 crisis at lowest cost in history of State

The NTMA has raised €700m for 10-years at a negative rate of -0.025%, marking the lowest cost in history for the State to tap a benchmark 10-year bond in international government debt markets.

Thu, 09 Jul, 2020

Covid-19: Banks 'very unlikely' to relieve mortgage holders

Irish banks are “very unlikely” to relieve up to 140,000 mortgage and business customers on payment breaks of interest charges on their loans, despite controversy over the practice.

Wed, 08 Jul, 2020

Know It All gives jockey Ben Coen his biggest success yet

Johnny Murtagh’s team is in irresistible form right now and Know It All ran out and impressive winner of the Group 3 Derrinstown Stud Fillies’ Stakes at Leopardstown.

Wed, 01 Jul, 2020

Record €600m in contactless payments made in May

The average daily spend is an increase of 7% compared to the spending in February prior to the Covid-19 restrictions.

Tue, 23 Jun, 2020

Covid-19 mortgage suspension will not be extended - Banking Federation chief

The chief executive of the Banking Federation, Brian Hayes has said that there will be no extension to the Covid-19 mortgage suspension.

Thu, 28 May, 2020

Covid-19 loan deferrals application deadline approaching

The service provides for a payment break of three to six months for those whose incomes have been impacted by the crisis.

Thu, 28 May, 2020

Hayes: Despite increased contactless payments, there will always be cash and bank branches

Three-quarters of consumers are now using contactless payments at least once a week, leading to a reduction in the usage of cash.

Fri, 22 May, 2020

Banker chief: Politicians must not interfere in loan decisions

Politicians should not get involved in banks' loan decisions, the head of the Irish Banking and Payments Federation (IBPF) says.

Tue, 19 May, 2020

Mortgage lenders and new borrowers urged to be 'realistic and pragmatic' as Covid-19 hits household incomes

Mortgage lenders and borrowers face "a challenging time ahead" as household incomes are hit hard by the economic fallout from the Covid-19 pandemic, the head of the business group that represents the main mortgage lenders has warned.

Wed, 06 May, 2020

Former Munster lock Hayes and Cairns named AIL top try-scorers

Cork Constitution second-row Brian Hayes and Ballynahinch winger Aaron Cairns will share the honour of top try-scorer in the 2019/20 Energia All-Ireland League.

Mon, 27 Apr, 2020

Mortgage breaks for six months as 45,000 apply for payment pause

Mon, 13 Apr, 2020

Six month mortgage breaks on way as banks make robust defence of payment deferrals

All five main banks, as well as vulture funds, are set to extend so-called payment breaks for mortgage customers from the current three-month period to six months, as the main banking industry group revealed that a “significant” number have already applied for a payments deferral.

Sun, 12 Apr, 2020

Six-month mortgage breaks being considered as Covid-19 crisis continues

Over 45,000 three-month mortgage breaks have been granted or are close to completion.

Sun, 12 Apr, 2020

Banks create dedicated phonelines for older customers as footfall drops by 50%

Older and vulnerable customers will be provided details on how to make payments over the phone and tips for keeping their money safe.

Wed, 08 Apr, 2020

Covid-19 warnings as card fraud costs €12m

Card fraud jumped to €12m in the first half of 2019, new figures show, prompting warnings to consumers about Covid-19 scams.

Tue, 31 Mar, 2020

Banks getting 7,000 calls per day about mortgage payment breaks

Banks are fielding some 7,000 calls each day from mortgage holders seeking payment breaks as a result of the Covid-19 outbreak.

Tue, 24 Mar, 2020

Victorious Kerry young guns stir bottle into the mix

Kerry put a foul first period to one side in Tralee Wednesday night and outscored the Munster and All-Ireland champions Cork 0-12 to 0-3 after the break. Impressive stuff.

Wed, 04 Mar, 2020

Cork unchanged for Munster U20 clash with Kerry

The Cork team contains six players who featured in last August’s All-Ireland U20 final triumph.

Mon, 02 Mar, 2020

Six All-Ireland winners on Cork U20 team to face Clare

Also included in the 24-man panel are four members of last year's All-Ireland-winning Cork minor team.

Tue, 25 Feb, 2020

Cork Con weather UCC storm to make it 13 wins on the trot

Holders Cork Constitution extended their winning sequence to 13 games in the Energia All-Ireland League Division 1A at Temple Hill.

Fri, 21 Feb, 2020

Ireland Clubs see off Scots to retain Dalriada Cup

Ireland Club XV last night beat Scotland Club XV 22-17 at Energia Park to retain the Dalriada Cup and win the 2020 Club International Series.

Sat, 08 Feb, 2020

Cork Con's Abbott replaces clubmate in Ireland Club XV

Ireland Club head coach Gearoid Prendergast has made two changes to his starting line-up for their return game at home to Scotland.

Mon, 03 Feb, 2020

Garry Ringrose's brother selected for first Ireland Club cap

Young Munster's Alan Kennedy has been named as captain.

Mon, 27 Jan, 2020

Early season silverware for Cork U20s

Cork showed that they are in fine shape to defend their U20 All-Ireland title after they defeated Kildare in the John Kerins Cup final.

Mon, 27 Jan, 2020

Calls for new legislation to help separated borrowers in mortgage arrears

Banking lobbyists have called for the introduction of new legislation to ease the plight of separated borrowers who are in mortgage arrears.

Wed, 15 Jan, 2020

Mortgage approvals increase slightly

The number of mortgage approvals for all types of house loans rose by less than 2% in November from a year earlier, banking industry figures show, as lending growth continues to be pegged back by limited new housing supply and affordability.

Fri, 03 Jan, 2020

Cork U21 round-up: Jack Cahalane the hero with winning point for St Finbarr’s

In difficult conditions at Páirc Uí Rinn on Saturday night, St Finbarr’s claimed the Cork County U21 Premier 2 HC title with a 2-11 to 2-10 win over Bride Rovers.

Sun, 15 Dec, 2019

Gardaí warn of upsurge in scams in run-up to Christmas

People are being warned of an upsurge in scams in the run-up to Christmas.

Mon, 18 Nov, 2019

Cards now falling in Keith Donoghue’s favour

Whatever about horses going from one stable to another, for jockeys racing can be one big merry-go-round, and that was never more in evidence than it is right now.

Sat, 02 Nov, 2019

Accommodating mortgage arrears comes at a cost

To pretend that there is no cost associated with ignoring the problem of mortgage arrears is a fantasy that needs to be confronted, writes Brian Hayes.

Thu, 24 Oct, 2019

EY Hockey League: C of I and Quins off to impressive starts

Stephen Findlater Hockey

Mon, 14 Oct, 2019

Lobby group defend banks' sale of customer loans to vulture funds

One of the chief lobby groups for the banking sector has defended the controversial and divisive practice of the State's main lenders selling non-performing loans - or NPLs - to so-called vulture funds.

Fri, 06 Sep, 2019

5,100 mortgages worth more than €1bn approved in July

The figure is an approvals increase of 14.5% on the previous month and 21% compared to the same time last year.

Thu, 29 Aug, 2019

Central Bank needs to be given stronger powers to sanction banks, says Finance Committee chairman

The Central Bank needs to be given stronger powers to sanction banks, according to the chair of the Oireachtas Finance, Public Expenditure and Reform Committee.

Wed, 17 Jul, 2019