Joint report on UK and Irish Housing Markets:

September 25, 2017

A joint research report, recently published by UK Finance and the Banking and Payments Federation Ireland (BPFI). The report, UK and Irish Housing Markets: A First Time Buyer Perspective.

Themes explored in the report are: First-time buyers in both the UK and Ireland are suffering similar effects of the financial crisis, but in the last decade they have also undergone vastly different experiences because of migration and other demographic changes affecting their respective countries, and severity of the housing market correction.

The research provides the first detailed comparison of the UK and Irish mortgage markets and uses detailed loan-level data from UK Finance and the BPFI to profile first-time buyer borrowers in the two markets.

The report says: A common challenge in both countries is a continuing shortage of housing supply.  But, despite this, first-time buyer activity has been growing since 2011 in the UK and since 2013 in Ireland.

Read the news release from UK Finance 22nd September 2017 including report ‘UK and Irish Housing Markets: A First Time Buyer Perspective’ in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Rightmove logo
Breaking News

Number of million-pound homes for sale doubles since 2019

New analysis shows that the number of homes for sale priced at a million pounds or more has doubled (+103%) across Great Britain over the last six years Just over 5% of homes for sale across Great Britain are now priced at over a million pounds, versus just under 3% in 2019 Cornwall (+246%) has…
Read More →
Breaking News

Housing Insight Report – April 2025

House prices see month-on-month uplift The average UK house price stood at £271,000 in March 2025 (latest figures available). This highlights changes in the average house price year on year to March 2025 for each constituent part of the UK, with Northern Ireland continuing to see the largest growth during this period. Sales volumes within…
Read More →
Breaking News

Thoughts from the Property Industry – National Housing Bank

Thoughts from the Property Industry on the creation of a new National Housing Bank to provide finance to developers of many sizes, to build homes. Nathan Emerson, CEO of Propertymark: “On the face of things, the news of the introduction of the National Housing Bank is much welcome and will inject a desperately needed boost…
Read More →
Breaking News

Planning document will make it easier to ‘green’ new developments

Formal approval has been granted for a planning document to make new developments in Nottingham more environmentally-friendly. Senior councillors on the city council’s Executive Board gave the green light to the Reduction of Carbon in New Development Supplementary Planning Document (Carbon SPD) yesterday afternoon (Tuesday 17 June). SPDs add further detail to policies in Nottingham’s…
Read More →
Breaking News

1.8 Million Rental Homes Still Below The Energy Rating 2028 Target, LandlordBuyer Finds

New analysis by property acquisition specialists LandlordBuyer reveals that over 1.8 million privately rented homes in England still fall short of the government’s proposed minimum energy efficiency standard of EPC rating C, with just three years to go before the 2028 compliance deadline. Using the latest data from the MHCLG and EPC Register, LandlordBuyer found that as…
Read More →
Breaking News

ONS House Price Index – April 2025

The average monthly rate of house price growth in April fell to -2.7%. The average annual rate of house price growth in April was up 3.5% As a result, the average UK house price remains at £265,000. Responding to Sales Nathan Emerson, CEO of Propertymark: “The first half of 2025 has proven very different from…
Read More →