Property & Mortgages

Watchdog launches probe into competition in mortgage market

It has raised concerns over the fact that variable rates here are among the highest in the eurozone. The home-loan lending market in this country was highly concentrated, the Competition and Consumer Protection Commission said in a new report. Just three banks have an 80pc share of mortgage lending, the commission states, quoting Central Bank research. Although they are not ...

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Are you trying to tough it out in the buy-to-let market? It’s a tough nut to crack

‘A new €200m buy-to-let mortgage fund launched last month targets property investors looking to either buy into the market or refinance their investment properties.’ As far as investments go, buy-to-let property might seem attractive at first glance if you have the funds, but the crisis in the rental property market – along with competition for the few opportunities that exist ...

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