New figures likewise show that mortgage switching enhanced in the 3 months to the end of February

The variety of mortgages approved in the 3 months to the end of February fell by 15.1 percent on the previous year, with approximately 1,951 home loans approved per month, new figures show.The data,

from the Banking amp; Payments Federation Ireland (BPFI), revealed that 51 per cent of mortgages were for first-time purchasers while movers represented an additional 29 per cent.