Wicklow Tops Places To Buy Homes For Dubliners

A large  number of people from Dublin looking to buy or build their first home are travelling to Wicklow.

A large  number of people from Dublin looking to buy or build their first home are travelling out of the capital, a recent report has found.

The data from the Banking and Payments Federation (BPFI) found borrowers from Dublin accounted for over 40%of all first-time buyer (FTB) mortgages issued in  Wicklow, Kildare and Meath last year.

This figure increased when the type of property was considered, rising to 55% in Meath and 60% in Kildare for new semi-detatched or terraced houses.

The trend was noted on a lower level nationally, with one in four (23%) of FTB borrowers now opting to build or buy outside their home county, up from 19% in 2021.

Other areas where cross-border purchases were significant include Clare, where 13% of FTB mortgages were issued to people from Limerick, and Laois, where 11% hailed from Kildare.