How to fix Ireland's mortgage market

From increasing competition to reviewing access rules, Michael Dowling lists ways to improve the country's mortgage market

'New lenders have more efficient systems but the legacy lenders are lagging behind.' Picture: iStock

With mortgage completions to finish 2021 at €10.5bn and set to rise to €14bn in 2023 and €17bn in 2025, one could suggest there is nothing wrong with the mortgage market but there are a number of items that need to be changed and reviewed.

Macro Prudential Rules