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Sligo & Leitrim among the most affordable mortgage areas

Catherine Gaffney -
Sligo & Leitrim among the most affordable mortgage areas

It could take someone earning the average salary between 2-and-a-half and almost 89 years to buy their first home, depending on where they live.

 

Research by Switcher.ie has found Roscommon is the most affordable county for a solo mortgage applicant's first home.

 

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While Leitrim is the most affordable place for first time buyers, taking two and a half years to save for a deposit.

 

Both Sligo and Leitrim feature in the ten most affordable areas and take, on average, 2.9 years to save for a deposit.

 

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The average income for joint house buyers is 83 thousand euro, and it could take about 4-and-a-half years to save for a deposit.

 

For both joint and solo first time buyers, Dun Laoghaire-Rathdown is the most expensive area at 560 thousand euro for an apartment.

Catherine Gaffney -