herald

Thursday 8 December 2016

House buyers may be surveyed

MOrtgage

House-hunters may be surveyed to assess the impact of the new mortgage deposit rules introduced earlier this year, the Central Bank has said.

The bank also defended itself against criticisms of the measures by the Economic Social Research Institute, which said the timing was wrong and questioned the decision to have a softer approach for first-time buyers.

The bank said it would be monitoring the impact of the measures, including examining house prices and rents.

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