Wicklow Credit Unions set to enter mortgage market

Credit Unions in Wicklow and all around Ireland are preparing to enter the mortgage market by this time next year.

The Irish Independent has reported that the financial institutions are hoping to be lending to homeowners in 12 months time and will be set to take on the banks in the market.

This means that there are three new entrants in the market including An Post, who are expected to join up with the Spanish group, Bankinter.

Finance Ireland, a third lender, is set to target first-time buyers, movers, and switchers.



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