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Home Owners Selling Up Over Mo...

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Home Owners Selling Up Over Mortgage Crisis

98FM
98FM

08:06 24 Oct 2013


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 A new survey says almost 20 per cent of people selling their homes are doing so because their mortgage is too expensive.

Property website MyHome.ie  says almost a quarter of the people they surveyed set a lower value for their home than Revenue did when calculating property tax.

The number of people paying for their homes in cash has fallen to 25 per cent.

And MyHome.ie's Managing Director Angela Keegan says families are telling her that lenders mortgage rates are still too high:


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