20% house-deposit rule to be delayed

A new rule which would see housebuyers forced to save 20% of a deposit before taking out a mortgage is to be delayed.

20% house-deposit rule to be delayed
Thu, 27 Nov, 2014 - 08:27

A new rule which would see housebuyers forced to save 20% of a deposit before taking out a mortgage is to be delayed.

The rule was due to come into place on January 1, but now the Central Bank reportedly will not meet its own deadline to enforce the new measure.

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