Sign in. It’s quick, free and it’s up to you.
An account is an optional way to support the work we do. Find out more.
Eamonn Farrell/Photocall Ireland
The Daily PollPoll: How much of a deposit should house-buyers need?
The Taoiseach could be getting involved, but is he right to?
THE CENTRAL BANK recently announced that it is planning new rules around how much a home owner will need in a deposit.
Effectively, the rules mean the majority of home buyers will need a 20% deposit, as opposed to the customary 10%.
Reports today suggest that Taoiseach Enda Kenny is planning a work-around for this plan, however. The Taoiseach’s intervention would allow people to pay a 10% deposit.
But how much should people pay?
We’re asking: How much of a deposit should house-buyers need?
Poll Results:
10-15% (3609)
5-10% (2411)
15-20% (1574)
0-5% (450)
Over 21% (395)
have your say