Investec plan a welcome boost for home-buyers
Published 20/08/2013 | 05:00
IF there is one thing the struggling mortgage market needs more than anything else it is a new lender.
Just when the property market is showing signs of stabilising, with prices rising in Dublin, it emerges that banks are actually giving out fewer mortgages.
Still traumatised from the lending frenzy during the boom years, and unsure just how much they will lose from the current mortgage arrears mess, banks are now being extra cautious about lending for home buying.