2024
0
Ireland Mortgages Market Report 2024
2024-01-05T10:01:00+00:00
REPF757FCEB_5F16_43FB_902E_23D33F9FDC55
995
172768
[{"name":"Mortgage and Loans","url":"https:\/\/store.mintel.com\/industries\/financial-services\/mortgage-loans"}]
Report
en_GB
While 2023 was a year of decline for mortgage lending, an expected reduction in interest rates will boost affordability considerably, stimulating renewed demand. Brian O'Connor, Category Director - Irish…
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  8. Ireland Mortgages Market Report 2024

Ireland Mortgages Market Report 2024

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While 2023 was a year of decline for mortgage lending, an expected reduction in interest rates will boost affordability considerably, stimulating renewed demand.

Brian O’Connor, Category Director – Irish Reports

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  1. Executive Summary

    • Key issues covered in this Report
    • Market dynamics and outlook
    • Graph 1: [no title]
    • What consumers want and why
    • Graph 2: when mortgage holders arranged their last mortgage/remortgage on main home, 2023
    • Graph 3: reason for last mortgage arrangement, detailed, 2023
    • Innovation and marketing
  2. Market Dynamics

    • Market size
    • Graph 4: outstanding mortgage debt, 2019-24
    • Graph 5: outstanding mortgage debt, by property category, 2023
    • Graph 6: outstanding mortgage debt, by property category, 2003-23
    • Market forecast
    • Graph 7: market forecast for outstanding mortgage debt, 2024-28
    • Market drivers
    • Graph 8: inflation rate, estimated and forecast, 2023-25
    • Graph 9: interest rates, actual, forecast and projected, ECB and BoE, 2023-25
    • Graph 10: consumers’ assessment of own financial situation, 2023
    • Graph 11: how consumers feel about own personal financial situation over next 12 months, 2023
    • Graph 12: number of mortgage drawdowns, 2009-23
    • Graph 13: value of mortgage drawdowns, 2009-23
    • Graph 14: number of mortgage drawdowns, by category, 2022/23
    • Graph 15: mortgage drawdowns, by category, 2023
    • Graph 16: average mortgage loan value, 2009-23
    • Graph 17: average value of mortgage loans, by category, 2023
    • Graph 18: number of FTB mortgage drawdowns, 2009-23
    • Graph 19: average mortgage loan amount, by category, 2023
    • Graph 20: number of outstanding mortgage loans, total and by type of mortgage, 2023
    • Graph 21: standardised property prices, 2009-23
    • Graph 22: residential property price index, 2009-23
  3. What Consumers Want and Why

    • Types of mortgages owned
    • Graph 23: types of mortgages currently owned, 2023
    • Graph 24: mortgage-holder ownership of fixed-rate deals, 2021-23
    • Graph 25: mortgage-holder ownership of SVR mortgages, 2021-23
    • Recent mortgage activity
    • Graph 26: when mortgage holders arranged their last mortgage/remortgage on main home, 2023
    • Graph 27: reason for last mortgage arrangement, detailed, 2023
    • Graph 28: reasons for arranging a new mortgage deal for main home, 2023
    • Graph 29: reasons for arranging a new mortgage deal for main home, 2023
    • Mortgage plans for next 12 months
    • Graph 30: consumer consideration whether to apply for a mortgage/remortgage for current home within the next 12 months, 2023
    • Graph 31: consumers who do not intend to apply for a mortgage in the next 12 months, 2021-23
    • Graph 32: consumer intention to apply for a new loan in the next 12 months, by age, 2023
    • Graph 33: consumer intention to apply for a new loan in the next 12 months, by annual household income, 2023
    • Most important mortgage features
    • Graph 34: most important features when choosing a mortgage, 2023
    • Graph 35: selected features that consumers deem important when choosing a mortgage, 2023
    • Graph 36: selected features relating to reputation and familiarity that consumers deem important when selecting a mortgage, 2023
    • Attitudes and behaviours
    • Graph 37: attitudes toward select statements relating to the current mortgage situation, 2023
    • Graph 38: attitudes toward select statements relating to mortgage payments and additional borrowing, 2023
  4. Competitive landscape

    • Companies and brands
    • Launch activity and innovation
  5. Appendix

    • Supplementary data
    • Report scope and definitions
    • Methodology

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