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7th August 2017
07:02pm BST
“We are seeing an upward trend in the proportion of disposable income required to fund a mortgage for first-time buyers over the last two years and we expect that proportion required to continue to rise.”Mortgage repayments are also putting a considerable financial burden on new homeowners, with couple's expected to pay 29.2% of their monthly takehome earnings to finance the repayments. This news follows other reports of significant increases to the cost of housing outside of Dublin.
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