Monday, August 18, 2008

Non-Nationals buying homes in Ireland

ALMOST one in 20 first-time buyer houses are being snapped up by Africans, according to figures to be published later this month.

The figures, from the Irish Mortgage Corporation, show that while many Irish-born first-time buyers have been sitting on the property fence this year, the number of properties being bought by non-nationals has surged.

Overall, non-nationals are snapping up one in four first-time buyer houses, compared to about one in 10 three years ago.

No comments: