In response to the recent consultation paper from the Central Bank proposing restrictions on new mortgage lending, there have been a number of proposals put forward as a way to pacify all parties.
These include the possible introduction of a mortgage insurance type scheme or a government guarantee type scheme where the borrower would have access to a mortgage exceeding 80 per cent of the value of the home being purchased.
We would be firmly of...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures