« BackFirst time buyers will only have to save a ten percent deposit

First time buyers will only have to save a ten percent deposit – regardless of the property price – after a change in the Central Bank’s lending rules.

euros
Since February 2015 – first time buyers had to have 10 percent of the value of a house up to 220 thousand euro – and 20 percent above that.
However buyers will still only be able to borrow 3 and a half times their income.
Governor of the Central Bank Philip Lane says part of the reason for changing the rule was to simplify it: