Kerry is the 14th most affordable place in Ireland for First Time Buyers.
The Kingdom beat 15 other localities in Switcher.ie’s new Affordability Index – which lists the most affordable areas for sole and joint buyers.
“The Switcher.ie affordability index can help anyone who wants to get a foothold on the property ladder. It considers both sole and joint buyers, the median salary in the locality vs the cost of the home and how long it might take to save for a deposit,’ said Eoin Clarke, commercial director of Switcher.ie.
“Midland counties Leitrim and Longford were listed among the most affordable, but if you’re willing to pay a slightly more, the infamously beautiful coastal regions of Kerry and Clare boasted extremely reasonable house prices and handsome salaries.”
“As remote working takes a firm hold, these more affordable, rural locations could become increasingly popular for young families and couples buying their first home.”
“To maximise their chances of mortgage approval, first-time buyers should take time to understand how mortgages work and what steps to take to get on the housing ladder. A mortgage broker can help buyers find the right home loan and guide them through the application process.”
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