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Tánaiste claims the number of...

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Tánaiste claims the number of young people getting mortgages is at its highest level since the mid 2000s

Jonathan Duane
Jonathan Duane

11:31 20 Feb 2024


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The Tánaiste claims the number of young people getting mortgages is at its highest level since the mid 2000s.

Micheál Martin says the number of first time buyers in the past two years is significant.

It comes as the Housing Minister prepares to tell Cabinet today that a number of vacant houses have been brought into use, and houses are being build faster.

Speaking before the meeting, the Tánaiste defended the government's record on housing.

"The number of draw downs of first-time mortgages at is at an all-time record. The number of young people who are getting mortgages, drawing down those mortgages to purchase new homes is at an all-time high. I think highest since the mid-two-thousands."

Michael Martin explained "that's where the progress is being made and there has been substantial subsidies brought forward in a variety of schemes to facilitate more affordable homes."


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