non first time buyers

General
New Central Bank mortgage rules could drive up rents

New Central Bank mortgage rules could drive up rents

The new Central Bank mortgage rules officially came into force yesterday with fears being expressed that it may drive up rents even further around the country. The new regulations will see buyers forced to save deposits of 20pc of the price of a property before…
General
Fears that non-first time buyers could become trapped in their homes because of new mortgage rules

Fears that non-first time buyers could become trapped in their homes because of new mortgage rules

Fears have been expressed that the new Central Bank rules on mortgage lending will prevent many non-first time buyers upgrading their homes. Speaking yesterday, Fianna Fáil’s finance spokesperson Michael McGrath said people who had already bought could become trapped in their current homes despite the…