Search Results for 'Rachel McGovern'
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Brokers Ireland has appealed to politicians to consider very carefully the No Consent, No Sale Bill 2019 currently going through the Oireachtas on the basis that it is likely to negatively impact mortgage holders in terms of interest rates and stymie badly needed competition in the banking sector.
Commenting on recent Central Bank figures indicating a growth in net lending for mortgages, Brokers Ireland said such figures indicate the state of banking rather than charting what is actually happening with consumers.
Responding to the recent Banking and Payments Federation Ireland mortgage drawdowns for the second quarter of 2018, Brokers Ireland have stated that the standout figure is a 95.5 percent year-on-year increase in the volume of re-mortgaging/switching, indicating that Irish consumers are getting the message there is value to be had in switching.
Brokers Ireland has called for more dramatic measures to tackle the current housing crisis.
Brokers Ireland says Central Bank mortgage rules should not differentiate between first and subsequent buyers.