Could Over 40s Be Too Old to Get a Mortgage in Ireland?
Once upon a time in Ireland, you got married and bought your first home in your 20s. By the time you reached your late 50s, the mortgage was paid off, and you could enjoy retirement without money worries. However, the path to owning a home has changed a lot in recent years.
More than 20 years ago, most first-time buyers in Ireland were 30 or younger — about 60%. By 2023, that number dropped to just 20%. This big change shows how much harder it is for younger people to buy a home today. High house prices, the cost of living, and other challenges mean many are now buying their first home later in life.