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Mortgage submissions

THE Central Bank has received 157 written responses to plans to restrict mortgage lending.

The deadline for submissions closed on Monday and the Central Bank said that there were 47 submissions from banks and other groups in the mortgage market, including brokers and auctioneers.

And 110 individuals also put in a submission.

The Central Bank said yesterday morning it would look at the submissions and added:

"We would anticipate that the final measures will come into effect early in 2015."


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