![](https://mm.aiircdn.com/622/5dbc2dfcca82d.jpg)
It has gone up €6,000 in the last two years.
The amount of money first time buyers need to earn to secure a mortgage "has never been greater", according to a new report.
A study by the Banking and Payments Federation shows the median income of households seeking a first time mortgage has increased by €6,000 in two years.
It has gone from €71,000 in 2019 to €77,000 last year.
Chief Executive of the BPFI, Brian Hayes, says it's a difficult time for first time buyers to get on the housing market: