Middle-income earners “challenged” by mortgage loan ratios

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Avant Money, one of the country’s newest mortgage providers, said the current loan-to-income ratio rules are a challenge for middle incomes and lenders should be able to factor in payments from rent when evaluating borrowers.

Brian Lande, Mortgage Manager at Avant Money, made the comments during an interview with the Independent Sunday.

Regarding the review of the Central Bank of Ireland’s mortgage rules, Lande said Avant Money supported the macroprudential rules and was eagerly awaiting the results of the review of loan ceilings.


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