First-time buyers will be deprived of the chance to buy almost 300 apartments at one of the country’s biggest new developments.The 282 properties, which are still under construction at the Citywest Quarter development just outside Dublin, have been put up for sale in one block by builder Cairn Homes.

Karl Deeter financial adviser at Irish Mortgage Brokers joins Ivan to discuss these so called ‘Cuckoo funds’ and what they mean for Ireland's pressurized housing market.