ESRI insists current property market conditions do not justify Central Bank’s proposal for 20% deposit

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The Economic and Social Research Institute has said current conditions in the property market do not justify the introduction of a fixed higher deposit and lower loan to income ratio, as proposed by the Central Bank. The Institute said the bank should instead have a variable system to control mortgage lending that takes market conditions and property…

The post ESRI insists current property market conditions do not justify Central Bank’s proposal for 20% deposit appeared first on MyHome.ie Advice & Blog.

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