PTSB cut 100% mortgages and reduce BTLs: Irish Times

According to today’s Times PTSB have eliminated their 100% mortgage offering and have cut their maximum BTL advance to 80% of valuation from 90%. They obviously have not been listening to Country Tom! (Sorry no link as I do not have an IT subscription).

ireland.com/newspaper/financ … 10992.html

that sounds awfully like a sane lending policy…do my eyes deceive me?

Actually, that’s almost exactly what they said …

reuters.com/article/rbssFina … 9920080313

Blue Horseshoe