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The UK has seen a rise in popularity of 100% mortgages Alamy Stock Photo
The Daily PollDo you think 100% mortgages should be reintroduced?
In Ireland, 100% and 95% mortgages are not available under Central Bank lending rules introduced in 2015.
INDEPENDENT IRELAND HAS called on banks to reintroduce 100% mortgages to help renters and young first-time buyers.
Party leader Michael Collins said that 100% mortgages can be a “valuable tool in addressing the housing crisis”.
However, Sinn Féin’s housing spokesperson Eoin Ó Broin warned there should be “no return to the high-risk Celtic Tiger lending of the past”.
The TD added that these mortgages wouldn’t boost housing supply but instead would add to house price inflation.
So today, we want to know: Do you think 100% mortgages should be reintroduced?
Poll Results:
No (6983)
Yes (2927)
Unsure (634)
have your say