Advertisement
UK markets closed

  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     

  • FTSE 250

    19,391.30
    -59.37 (-0.31%)
     

  • AIM

    745.67
    +0.38 (+0.05%)
     

  • GBP/EUR

    1.1607
    -0.0076 (-0.65%)
     

  • GBP/USD

    1.2370
    -0.0068 (-0.55%)
     

  • Bitcoin GBP

    51,502.20
    +535.85 (+1.05%)
     

  • CMC Crypto 200

    1,372.31
    +59.69 (+4.54%)
     

  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     

  • DOW

    37,986.40
    +211.02 (+0.56%)
     

  • CRUDE OIL

    83.24
    +0.51 (+0.62%)
     

  • GOLD FUTURES

    2,406.70
    +8.70 (+0.36%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     

  • DAX

    17,737.36
    -100.04 (-0.56%)
     

  • CAC 40

    8,022.41
    -0.85 (-0.01%)
     
Property:

11 beautiful homes with glorious garden rooms

Investing in a home with a garden room will enable you to enjoy your outside space whatever the weather

Irish c.bank says will tighten mortgage restrictions if needed

Reuters - UK Focus

DUBLIN, Jan 28 (Reuters) - Ireland (Other OTC: IRLD - news) 's central bank will tighten new mortgage restrictions if they prove not to be tough enough or if there is evidence of a property bubble emerging, governor Patrick Honohan said on Wednesday.

The central bank offered relief to first-time house buyers when it finalised new regulations on Tuesday that will introduce curbs on mortgage lending aimed at avoiding a repeat of the devastating 2008 property crash.

"We reserve the right to tighten them and ramp them up," Honohan told a news conference, adding that if the new rules prove to have been introduced in good time, this shouldn't be needed. (Reporting by Padraic Halpin; Editing by Hugh Lawson)