First-time buyers are facing stiff competition from housing associations, investment firms and State bodies when trying to buy homes, a new report says. First-time buyers are facing stiff competition from housing associations, investment firms and State bodies when trying to buy homes, a new report says. Cash buyers include people with spare funds who purchase a buy-to-let with their savings. He added that the statistics show the percentage of pure cash sales has fallen from 33pc in 2017 to 28pc last year. In Dublin, the median deposit is close to €54,000 for first-time buyers and €140,000 for movers.

Source: Irish Independent March 07, 2019 02:26 UTC