News & Statements

Central Bank must remove obstacles for first time buyers – Ward

A Fine Gael Senator has called for the Central Bank of Ireland to bring greater flexibility to its mortgage lending rules in order to assist first time buyers secure a home. Speaking in the Seanad this week Senator Barry Ward (Dún Laoghaire) raised the issue with the Minister for Finance and suggested the Central Bank change the mortgage interest rules, particularly as they relate to deposits required by first-time buyers.