Today the Central Bank announced new regulations in the Irish residential mortgage market.
![Irish Credit Union Customers Facing Loan Restrictions [Article & Infographic]](https://loansireland.ie/wp-content/uploads/2015/01/credit-union-scrabble.jpg "Irish Credit Union Customers Facing Loan Restrictions [Article & Infographic]")
Irish Credit Union Customers Facing Loan Restrictions [Article & Infographic]
LoansMore than fifty percent of Ireland’s credit unions are currently subject to loan restrictions.
Central Bank: Demand for Mortgage Loans on the Increase
MortgagesThe Irish Central Bank’s quarterly Bank Lending Survey has shown an increase in demand for home loans in Ireland.
Third of Local Authority Home Loans in Arrears
Mortgages
New statistics have revealed that one third of Irish local authority home loans are in arrears, with one in four households behind by six months or more.
Irish Household Loans Fall, Deposits Rise
LoansLending to Irish households has seen a major decline, as statistics have shown with regards to the October just passed.
Personal Insolvency Bill To Pass Through Parliament
DebtNext month new bankruptcy legislation will is due to be passed by the Irish parliament. The hugely important new bill looks set drag Ireland’s laws insolvency kicking and screaming into the 21st century, creating a vital escape route for struggling debtors.
AIB Approving 7 out of 10 Mortgage Applications
MortgagesAIB has announced they are currently approving 7 in 10 new mortgage loan applications.
Banks To Offer Help With Mortgage Debt
MortgagesFollowing intense pressure from both The Central Bank and the Government, the banking sector in Ireland is finally putting strategies in place to deal with the thousands of customers who are in severe difficulties with their mortgage repayments.
Council Bosses Alarmed as Borrowers Abandon Homes
MortgagesFigures this week show Dublin householders are leaving council properties in droves. With more and more borrowers struggling to meet council mortgages and choosing instead to make interest-only repayments, 41 more householders are handing back their keys to the Council.
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New Personal Insolvency Bill Reforms Bankruptcy Laws
DebtMany of Ireland’s insolvency laws have been in effect for over 100 years, but all that is now coming to a close.
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