Thursday 8 December 2016

Charlie Weston: Sudden change in tack has been a long time coming

Published 28/03/2014 | 02:30

IT has been a long time \[b.macintyre\]in coming, but at last we seem to be on the cusp of a recovery in mortgage lending.

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Crocked banks have not been financing house and apartment purchases in any serious way for the past few years.

Sure, they have promised the Government and their taxpayer owners that they will keep the taps running on lending for property purchases. Figures, amounting to a billion euro here and a billion euro there, have been bandied about.

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