Mortgage approvals jump 10pc in May

According to a recent report, The number of mortgages granted jumped 10pc year-on-year in May, with 4,926 people getting approval. Month-on-month, approvals were up 19.9pc. The market is being driven by first-time buyers (FTBs), which accounted for some 2,520 or 51pc of approvals. Meanwhile mover purchasers were responsible for 1,297 or 26pc, according to figures […]

Ulster Bank lines up €900m worth of problem mortgages For Sale

According to a report, ULSTER Bank has lined up a new portfolio of €900m-worth of problem mortgages for sale, including a significant number of loans where borrowers had previously struck short-term forbearance deals with the bank. Unusually for such loan sales, many of the affected borrowers had engaged with the bank to secure at least […]