Oireachtas Joint and Select Committees

Thursday, 28 September 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank

9:45 am

Photo of Paddy BurkePaddy Burke (Fine Gael) | Oireachtas source

In 2015, the average loan to first-time buyers was €150,000. It has increased significantly to €184,000 in 2017. What is the cause of that? Is it that the price of houses is going up or that the bank is getting more flaithiúlach with cash or that it can give out more money? Why the change from €150,000 to €184,000 in two years?

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