Central Bank mortgage rules review unlikely to bring major shift says governor

Philip Lane upbeat on economy but admits he is losing staff to to financial sector

27th April, 2016
Central Bank Governor Philip Lane. Pic: RollingNews.ie

In his opening comments, Central Bank governor Philip Lane, highlighted the introduction of strict lending rules by the bank last year as “an important initiative”.

The mortgage rules, presided over by Lane’s predecessor Patrick Honohan, have been a source of ongoing controversy in the past 12 months, with suggestions from some quarters that they are pushing houses beyond the reach of many first-time buyers and families seeking to trade up.

The Central...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 11 months ago

The Daily Briefing

The Daily Briefing