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Plans for new mortgage lending rules under fire

98FM
98FM

07:26 27 Dec 2014


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The Central Bank are being called on not to proceed with plans to introduce strict new mortgage lending rules.

Under the proposals, househunters would have to save a 20% deposit of the value of the home, before they can be granted a mortgage.

Fine Gael MEP Brian Hayes is questioning the logic of the proposals.


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