Mortgage lending exceeds payments for the first time since 2015

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Net lending to households was €234 million in June

Mortgage lending has exceeded payments for the first time since 2015 according to new data published by the Central Bank.

Growth in loans to households for house purchases grew by 0.3 per cent in the year to June, as demand for housing continues to climb. Net lending to households in June was €234 million, up from €114 million for May. On-balance household loans increased to €610 million, a third consecutive increase and the largest such ...

 

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