Irish Independent: Your Money: Find the right mortgage for you


A relaxation of rules sees some credit unions start mortgage lending from January. Joey Sheahan of says

“It’s absolutely in the consumer’s interest for more competition, and credit unions will be abiding by the prudent lending rules. It’s got easier for first-time buyers overall as banks have broadened criteria around overtime, bonuses, shift allowances and commissions being taken into account for lending limits, if they can be proved. There’s a big demand for the H2B scheme and more houses being built.”