Saturday January 18, 2020

Clarity on lending rules and Brexit should help stabilise property market

Uncertainty over these issues meant a sluggish market in 2019, but it is hoped that 2020 will see more activity

5th January, 2020
The number of new builds remains below demand in the housing market

Clarity has been in short supply for cautious purchasers over the past year, but as we enter a new decade, two major nagging questions which have cast long shadows over the property market have been answered, which should see more realistic activity.

Late last year, the new Central Bank governor Gabriel Makhlouf scotched speculation surrounding mortgages by announcing that lending rules would stay at three and a half times that of borrowers’ salary, and by...

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