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As average property prices rise to €250,749 and monthly rent hits €1,222 in Westmeath, 50% of people in Ireland believe mortgage or rent will be the biggest lifetime cost

Mortgage arrears and/or mortgage restructuring arrangements impacting mortgage holders could mean that thousands of homeowners in Ireland are unknowingly insufficiently covered by their mortgage protection policy.

Most Irish people would expect the average salary of a stay-at-home parent to come in at around €28,000, if they were to be paid.

Leading Irish protection specialist, Royal London, is calling on the Irish Government to establish a register of Wills to overhaul the current system, which it says, makes the process of locating a Will more difficult than it ought to be.

With the average cost of purchasing a house within Athlone and its environs now €197,154 and rent within the region at €750 per month, a survey conducted by Royal London has noted that first time buyers are now in their mid thirties before they make that initial abode purchase.

More than half of all mortgage holders in Leinster say that they were not informed by their banks that it was possible to take out mortgage protection cover with a different provider to the bank with whom they secured their mortgage.

With rents in the country approaching boom-time levels and mortgage lending falling, 32 per cent of people think the next Government should build more houses itself as a first step towards solving the housing problem in Ireland.

Leading life assurance company, Royal London, is urging long-term renters in Westmeath to consider the implications of the breadwinner becoming ill or passing away and leaving their family unable to maintain rental payments, if they do not have adequate protection in place.