A year or two ago it was a case of how much are the banks willing to lend me.
The days of borrowing five and six times your income are well and truly over. This was one of the main contributors to the over priced houses that we have experienced in Ireland over the past few years. While the banks are much more ... cautious about lending money these days, this is probably a good thing for home buyers. It means that you are only borrowing what you can actually afford to borrow and not some inflated amount that will see you in negative equity a few months down the line. So if you think you can't afford to buy right now then it be best rethink and wait a while until you can.
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