Sir, – Homebuyers should treat with caution the recent relaxation of the lending rules announced by the Central Bank (“Central Bank defends inflationary easing of mortgage rules amid cost-of-living crisis”, Business, October 19th).
More than likely it will lead to an increase in the numbers eligible to bid for the existing limited stock of houses for sale.
Surely it can only drive up house prices without delivering one new build? – Yours, etc,
MICK O’BRIEN,
READ MORE
Seán Moran: Fate of Parnells a cautionary tale for GAA clubs
The Unicorn restaurant review: Legendary Dublin hotspot returns, but does the magic?
The secret loves of property writers: Our top 10 favourite homes of 2024
Jet stream that affects Ireland’s weather is seeing increased ‘wobbles’. Here’s what that may mean
Springmount,
Kilkenny.