Farrell expresses concern and shock at liquidation of Rush & Lusk Credit Union
Fine Gael TD for Dublin Fingal, Alan Farrell has said it is positive that the new mortgage guidelines issued by the Central Bank do not apply fully to those who already own a house and are in negative equity and that at least some flexibility has been offered to first-time buyers. “I have previously called on the Central Bank…
“As we await an imminent decision from the Central Bank on new mortgage rules, I am hopeful that we will see some changes to the original proposal to ensure that mortgages remain accessible to first-time buyers” says Alan Farrell, Fine Gael TD for Dublin Fingal. “Compelling first-time buyers to come up with a whopping 20 per cent of the value…
Fine Gael TD for Dublin Fingal and Member of the Oireachtas Committee for Finance, Public Expenditure and Reform, Alan Farrell has urged caution in relation to the new mortgage lending measures proposed by the Central Bank. “Having reviewed the proposals outlined in the Consultation Paper published by the Central Bank yesterday, I would be cautious of the measures put forward.…