First-time buyers in four counties spending one-third of income on monthly mortgage repayments

The study also shows that the prices paid by first-time buyers vary widely in different parts of the country.

First-time buyers in Dublin, Wicklow, Kildare and Meath are spending approximately one-third of their income on mortgage repayments each month.

A new research study by the ESRI has provided an insight into the differences in first-time buyer affordability in different parts of the country.