Permanent TSB set to reduce mortgage rates
Permanent TSB is reportedly set to reduce its mortgage rates and make them some of the most competitive in the market. Sources at the bank say the interest on variable rate mortgages for new …
mortgage
New 20% deposit rule for new mortgages is delayed
The new rule, which would see new mortgage applicants having to put down a 20% deposit before being considered for approval, will now not come into effect on January 1 2015 as originally planned. The …
Head of Ulster Bank says most first-time buyers won’t get mortgages
The head of Ulster Bank Jim Brown has said over half of first-time buyers will not be able to get a mortgage because of new rules imposed by the Central Bank. Most potential buyers will be able …
Mortgage lockdown
There are calls for the Central Bank to relax its recently introduced rules on 20pc deposit before a mortgage is approved. Some members within the Government cabinet are urging the institution to lower the …