There has been a surge in mortgage approvals during October - and it’s driven by first time buyers.Banks and other lenders said it was the busiest month for mortgage approvals since they began recording approval activity in 2011.

According to figures from the Banking Payments Federation of Ireland, over 5,000 mortgages were approved in October - a sure sign that the mortgage market is recovering from the impact of the pandemic.

Eoin McGee, financial planner,Pat Davitt, Chief Executive of IPAV and James Benson, who is Director of the Irish Home Builders Association joined Kieran to discuss what this means for the market.