87. Deputy Michael McGrath asked the Minister for Finance his views that the Central Bank of Ireland should review the requirement that a property valuation supplied for the purposes of obtaining a mortgage must not be more than two months old at the time when the loan is being drawn down, on the basis that the vast majority of loan applications take three months to complete; and if he will make a statement on the matter. [12633/15]

Summary

87. Deputy Michael McGrath asked the Minister for Finance his views that the Central Bank of Ireland should review the requirement that a property valuation supplied for the purposes of obtaining a mortgage must not be more than two months old at the time when the loan is being drawn down, on the basis that the vast majority of loan applications take three months to complete; and if he will make a statement on the matter. [12633/15]

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• Mortgage Lending

  xml · EN · 26 March 2015

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