What Ireland needs now is some amount of firm intervention at State level. The setting up of a State bank with the sole responsibility to either underwrite, guarantee or purchase mortgage loans (off the books of commercial banks) would be one way of supporting the overall population to access mortgage credit.
Buying a first home in Ireland can be a daunting process. However, what is important is that applicants have a regular income and a good credit history. Beyond that, there are a range of practical steps and considerations that are relatively easy to follow.