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First-time buyers need to show they can afford a mortgage before thinking of buying a house

Andrew Mooney -
First-time buyers need to show they can afford a mortgage before thinking of buying a house

A Sligo financial broker says anyone thinking of buying a house needs to show that they can save and that they can afford the mortgage.

It follows controverisal comments by the taoiseach this week for implying that first time-buyers simply need to emigrate to save money for a house or borrow from their parents

Shane Brehony is a financial broker from Oates Brehony in Sligo.

Speaking on North West Today, he said it can be difficult to get on the property ladder.

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He says the main thing for first-time buyers to think about is saving:

[audio mp3="https://img.oceanfm.ie/prod/uploads/2018/01/Shane-clip-BIZ.mp3"][/audio]

Andrew Mooney -