Fianna Fáil: More families will suffer over mortgage rules

Fianna Fáil says more families will suffer and an increasing number of first-time buyers will be blocked out of the property market as the Central Bank looks set to keep mortgage rules.

The bank’s deputy governor, Sharon Doherty, has strongly hinted the 20% deposit rule and other restrictions on mortgages will not be changed when a review is published in November.

Meanwhile, controversial plans to fast-track large- scale house builds are set to be discussed by Cabinet today, alongside separate measures to prevent tenants from losing their homes if a firm buys their estate.