The Central Bank has proposed new measures to place restrictions on how much banks can lend to home buyers for new house purchases, in an effort to “enhance the resilience” of the banking sector and households to housing market developments.
The bank said it would place restrictions on loan to value (LTV) and loan to income (LTI) ratios which will apply to all lending conducted by regulated firms.
The proposed measures would restrict...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Team Pass
Get a Business Account for you and your team