Property buyers can look forward to a recovering
Peter O’Donovan, head of
While conceding the market may not return to what it was at the start of the year, Mr O’Donovan insists it is in the Bank’s best interests to move quickly before consumer confidence evaporates further.
He commented: “It may not return to what it was six months ago but, once the liquidity has shifted back into the market and top rates return back towards where the base rate level is, then more companies will start to relax their [lending] criteria.”
First-time buyers are among those expected to benefit most from a healthier
Latest predictions from the Council of
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