25% between 25-45 return home to save for a house deposit

Over 25% between 25 to 45 feel the only option to save for a deposit for a house is to return home.

There is more of a shift for younger people to rent as opposed to buying, mainly due to the deposit required and especially in the Dublin area more so to the rest of the country, as home prices have seen a sharper increase. However younger people under 25 have more confidence than the 25 to 45 bracket.

Overall the mortgage market has picked up significantly over the last 18 months, with main street lenders in better position to meet their client’s financial requirements, mainly due to recovery of the banks in recent times.