Mortgage Review To Be Published By Central Bank
The Central Bank is due to publish a review of its mortgage lending rules later today.
Regulations around how much banks can lend in relation to people's income, and deposit levels were brought in at the beginning of last year.
In the cases for first time buyers, mortgages of up to 80 percent can only be taken out on properties worth over €220,000.
Sinn Fein's Spokesperson on Housing Eoin O'Broin, says the Government needs to work to lower the cost of housing:
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