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Opposition Expresses Concerns Over Central Bank’s Mortgage Rules

Fianna Fáil says it has "grave concerns" over the impact of the Central Bank's new mortgage rules for families who want to trade up.

The new regulations will allow first time buyers to borrow up to 90% of the value of a home worth up to €220,000.

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But other buyers will be forced to save a 20% deposit on the property's value.

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