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...

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.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Planning board grants permission to Bartra’s 210-bed complex near Castleknock despite inspector’s warning of ‘an undesirable precedent’

Killian Woods | 1 week ago

Estate agency warns a more interventionist government could undermine investor confidence and slow down construction

Killian Woods | 1 week ago

The gorgeous Wicklow lodge, owned by the Guinness family for more than eight decades, changed hands for €25 million earlier this year

Tina-Marie O'Neill | 2 weeks ago