Mortgage approvals jumped by over 10pc in February after a weak January, reflecting stronger activity in the first-time buyer (FTB) and mover space. Mortgage approvals jumped by over 10pc in February after a weak January, reflecting stronger activity in the first-time buyer (FTB) and mover space. Mover purchasers accounted for 931 or 27.7pc of approvals, according to figures from the Banking and Payments Federation Ireland. The value of mortgage approvals last month was €757m, with FTBs accounting for €391m or 51.6pc of this. In total there were 45,775 mortgage approvals in the twelve months ending February 2019, valued at just over €10bn.

Source: Irish Independent March 28, 2019 07:30 UTC