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Mortgage Approvals – April 2015

29th May 2015

Banking & Payments Federation Ireland (BPFI) has published the latest figures from the
BPFI Mortgage Approvals Report for the three months ending April 2015.

The following are the key elements:

  • A total of 2,352 mortgages were approved per month, on average, in the three months ending April 2015, of which 2,130 (91%) were for house purchase.
  • The number of mortgages approved rose by 31.8% year-on-year and by 4.4% month-on-month.
  • The value of mortgages approved per month, on average, in the three months ending April 2015 was €441 million, of which €412 million (93%) was for house purchase.
  • The value of mortgage approvals increased by 43.6% year-on-year and by 2.6% month-on-month.

Data collection for the BPFI Mortgage Approvals Report began in September 2012 covering the period from January 2011 onwards in respect of the market’s main mortgage lenders. The BPFI Mortgage Approvals Report March 2015 is available on the BPFI website here.

All figures are based on the three-month moving average. Year-on-year compares the average for the three months ending April 2015 with the three months ending April 2014. Month-on-month compares the average for the three months ending April 2015 with the three months ending March 2015.

Ends/

Note: Banking & Payments Federation Ireland is the voice of banking and payments in Ireland, representing over 70 member institutions and associates, including licensed domestic and foreign banks and institutions operating in the financial marketplace here.
Contact: Nuala Buttner, ph: 085-1744275

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