Some Stats for Sole Home Buyers – Mortgage Draw downs
- Sole First Time Buyers (FTB’s) account for 31% of FTB mortgage funding to June 2025
- One in 5 (22%) of new build home completions were for sole applicant FTB’s
- In the 12 months to June sole first time buyers accounted for 64.2% of mortgages on apartments
- Sole borrowers accounted for more than one third (36.4%) of FTB mortgages on existing (second hand) properties.
- The median FTB mortgage value for a sole borrowers was €248,000 in June 2025
- The median sole borrower income is almost €68,000 at June 2025
All stats are from the latest BPFI Mortgage Market Profile Report H1 2025 can be downloaded here.
Schemes that help our sole first time buyers maximise their home buying power:
- Help to Buy Scheme – is a rebate of tax paid over the last four years in Ireland. It can provide up to 10% of the purchase price of a new build home, capped at €30,000. This can be used towards deposit – new build homes only. Read More about this scheme – Help to Buy Scheme
- First Home Scheme – bridges the gap between mortgage eligibility + deposit and the purchase price of a new build home. The scheme provides an equity stake of up to 30% of the purchase price or 20% if using the help to buy.
An example of how both work together –
Income €55,000 + 10% savings
Mortgage €220,000 + €30,000 help to buy + €10,000 savings + 20% from first home scheme €50,000 = Purchase Price €310,000.
To be eligible for the help to buy loan to value needs to be 70% as a minimum hence purchase price needs to be min Price €310,000.
New Build homes in urban locations are price high so this may still stretch budget for a new build house in an urban area. In the 12 months to June sole first time buyers accounted for 64.2% of mortgages on apartments. In Dublin, almost half (47%) of sole borrower FTB mortgages were on apartments.
See more on how to increase your home buying power – Maximise your budget
As always our team are available to provide advice and support to help you on your mortgage journey. If we can help please do make contact –
Need mortgage advice contact our team at doddl – Start Here
