Taoiseach welcomes relaxing of mortgage rules

Taoiseach Enda Kenny has welcomed the relaxation in the mortgage rules announced by the Central Bank today, writes Daniel McConnell of the Irish Examiner.

“The decision of the Central Bank is to be welcomed here. Obviously they have put in conditions in respect of second and subsequent buyers. The Government’s programme of €5bn worth of investment through the five pillars is very important,” he told reporters.