Property industry turns on its own: SBP

The Irish Property Bubble The Republic of Property
#1

According to tomorrow’s SBP IIB Homeloans have told brokers that a new 80% maximum LTV mortgage will apply to property and construction professionals such as architects, estate agents, auctioneers, property developers etc. Also, all bonuses, overtime or commission-based income will no longer qualify is assessing eligibility for the 80% maximum. Traditionally some of these professions, and architects in particular, qualified for 100% mortgages.

Also IIB are applying a new 70% max LTV for rural areas and will be cutting some fixed rates.

#2

as Austin would say

“Never Kick a Man Till He’s Down”

#3

Can we remove the greengrocer’s apostrophe from the thread? Tho’se thing’s drive me nut’s.

#4

Are you Clubman in disguise?

#5

But the apostrophe uses in the first two posts are correct, no?

#6

The thread title was “it’s own”.