New mortgage rules introduced by the Central Bank mean that banks will be able to lend up to 90 percent of the value of properties worth up to €220,000 to first-time buyers - beyond that point the 80 percent limit will apply.
Speaking to The Pat Kenny Show, an Taoiseach Enda Kenny said he thinks that the new regulations are fair and that they "strike the right balance."
These are some properties that are on the market at the moment for €220,000 or less.
15 Valentia Parade, North Circular Road, Dublin 7
For €200,000 you can get this one bedroom, single-storey, period-style red-brick terrace. It is located just off the North Circular Road on the northern edge of Dublin's city centre.
Inside there is a kitchen-come-dining room, and a living room.
Summerbreeze, Longlane, Marshalstown, Enniscorthy
Moving down the cost, this four bedroom detached home is just outside of the historic town of Enniscorthy, Co Wexford. The property is also listed for €200,000.
The property is set on fully landscaped 0.5 acre grounds, featuring a patio area, shrubbery, mature trees, and has views of Mount Leinster and The Blackstairs Mountains.
Cannon Street, Kells, Meath
This house in Kells, Co Meath is on the market for €200,000. It has three bedrooms and a sizable back garden.
It is currently being used as a commercial property - with an architects practice on the ground floor - and therapy rooms upstairs.
38, DURABHAN, Roscam, Galway City
Out west, this three-bedroom residence is in Roscam, on the south edge of Galway City, and selling for €205,000.
Ros Clochar, Ballinrobe, Mayo
Right on the €220,000 mark, this house has four bedrooms, one ensuite. It is located in Ros Clochar and a short walk from Ballinrobe Town centre, Co Mayo.
It has an open fire with a cast iron fireplace and is described as being in "turnkey condition."
