Schemes offering greater scope to buy, with very good schemes for new builds

Watch out for the First Home Shared Equity Scheme, which is due to be launched in the coming months under the Government’s Housing for All range of initiatives

Local Authority Loans are likely to increase in popularity doubling in numbers over a decade to 2018 according to Department of Housing data showing that in 2018 alone, a total of €224.7m of loans were approved across 1,165 approvals, at an average value of €192,875 per loan.

Standard restrictions on borrowings, typically at 3.5X multipliers on either single or joint incomes aren’t necessarily fixed in stone.

And, funnily enough, it’s a bit of an anomaly that those on lower levels of income can make use of other buyer initiatives to get around them.