Average repeat borrower mortgage LTV in Ireland 2017-2022
The average loan-to-value (LTV) ratio for second and subsequent buyers (SSBs) in Ireland declined for the third year in a row in 2022. In 2019, when the LTV ratio was the highest, the average loan for a repeat home purchase covered 68.1 percent of the house price. In 2022, the average LTV ratio stood at 65.6 percent - a decline of 2.6 percent. Meanwhile, first-time buyer mortgage loans had a notably higher LTV ratio.