What are the Central Bank’s mortgage lending rules?

What are the Central Bank’s mortgage lending rules?

The Central Bank’s mortgage lending rules were introduced in early 2015 and have fundamentally changed the mortgage market in Ireland. The rules dictate how much you’re allowed borrow for a mortgage in relation to your income, as well as how much you’re obliged to save and provide in the form of a deposit, and are designed to ensure that banks and other lenders lend money sensibly.Seguir leyendo «What are the Central Bank’s mortgage lending rules?»