Tue 07 Jul 2007Fall in first-time buyers taking 100%
mortgagesThe uptake of 100 per cent mortgages is on the decline, a
leading mortgage broker has said, despite new figures from the
Department of the Environment showing that one-third of first-time
buyers took 100 per cent loans last year.Research carried out by the Irish Mortgage Corporation shows
that the number of house buyers taking out 100 per cent mortgages
has fallen for the first time since their introduction in 2005.