Advertisement
News

Kerry councillor says it shouldn't be so difficult to get a mortgage when paying double in rent

Feb 9, 2022 13:21
By radiokerrynews
Share this article
Kerry councillor says it shouldn't be so difficult to get a mortgage when paying double in rent
Cllr Jackie Healy-Rae (Non-Party) Castleisland area Kerry County Council Photo By Domnick Walsh © Eye Focus LTD

A Kerry councillor says it doesn't make sense that people can't get mortgages, when they're paying double the cost of a mortgage in rent.

Councillor Jackie Healy-Rae is a member of the Kerry County Council Housing Strategic Policy Committee.

He was speaking following the publication of a Daft report today, which shows that rents in Kerry are much higher than mortgages for similar sized properties.

Advertisement

For one-bed apartments and two-bed houses, rents are more than double the cost of a mortgage.

Councillor Jackie Healy-Rae says he understands strict lending rules are needed, but says if someone can clearly pay high rent, they shouldn't find it so difficult to get on the property ladder.

Advertisement

 

The latest Daft Rental Report also shows very low availability of properties.

Councillor Jackie Healy-Rae says new houses need to be built, and the government should incentivise people to rent out properties long-term.

Advertisement

He feels, however, the main way to meet housing demands is to tackle vacant properties, by getting councils to purchase such buildings in towns and villages to create housing.

 

Advertisement

RadioKerry Newsletter

Sign up now to keep up to date with the latest news.

Processing your request...

You are subscribed now! please check your email to confirm your subscription.

Maine Street,
Tralee V92 AP2W,
Co. Kerry,
Ireland

Download RadioKerry App Today

Copyright © 2026 Raidio Ciarrai Teoranta. Developed by Square1 and Powered by PublisherPlus