There's a new kid in Mortgage Town, and it could have a serious impact on your pocket.

Avantmoney, launching today, are the first non-Irish lender to enter the housing market in years and look set to offer some seriously impressive rates.

Speaking to Dermot and Dave, Martina Hennessey from Doddl.ie explains what these rates mean for those looking to get on the housing ladder, and those looking to make a move, and if other banks will soon be following suit.