New Mortgage Rules Ireland

19 October 2022
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The new mortgage rules are as follows:

  • First time borrowers can now borrow up to four times gross income
  • Second time borrowers will continue to be able to borrow up to 3.5 times gross income.
  • Loan to value limits remain at 90% for first time buyers.
  • Loan to value limits for second time buyers is now also at 90%. This is welcome news for house movers, who now only need a 10% deposit.

We are accepting applications on the basis of the new rules for purchases in 2023.