Noonan mulling more supports for home buyers

It’s becoming clear that the Dirt relief promised in the last budget will do little to offset the burden of mortgage deposit restrictions for first-time buyers – so what else is on the table?

Limited supply, new Central Bank rules and high variable interest rates mean some first-time buyers could face problems reaching the property finishing line. Picture: Thinkstock
Limited supply, new Central Bank rules and high variable interest rates mean some first-time buyers could face problems reaching the property finishing line. Picture: Thinkstock

It’s a challenging time for would-be home buyers with the property market

getting to grips with the new lending rules, but there could be some relief ahead as the

Department of Finance considers supports for borrowers ahead of the next budget.

So-called ‘macro-prudential’ proposals introduced by the Central Bank

earlier ...