Central Bank to ease mortgage...


Central Bank to ease mortgage lending rules

RedFM News
RedFM News

10:32 19 Oct 2022

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The Central Bank looks set to relax it's mortgage lending rules, and is expected to announce the move today.

It's current set of rules were introduced in 2015 in an effort to avoid a repeat of the property bubble.

At the moment, people can borrow three-and-a-half-times their salary.

Charlie Weston Personal Finance Editor with The Irish Independent, says the Central Bank Rules are being relaxed.

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