New Central Bank mortgage rules come into effect

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The Central Bank’s new rules on mortgage lending have officially taken effect. The new regulations will take immediate effect on all lenders within the State. The rules mean most buyers will only be able to borrow three-and-a-half times their income, and will have to save 20% of the property price as a deposit. Lenders have…

The post New Central Bank mortgage rules come into effect appeared first on MyHome.ie Advice & Blog.

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