Saturday August 8, 2020

Mortgage brokers call on Noonan to review Central Bank lending limits

The market in Dublin could end up being “dominated by adult children with rich parents”

29th November, 2015
Trevor Grant, AEMA’s chairman

Mortgage brokers are calling for an urgent review of strict mortgage lending limits in a bid to minimise “inequity” in the property market.

The Association of Expert Mortgage Advisers (AEMA) has urged Minister for Finance Michael Noonan to “follow through on his word” and give serious consideration to a review of strict Central Bank mortgage lending limits in force since February.

Under the rules, borrowers need bigger deposits and are restricted...

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