Rory Hearne (Dublin North-West, Social Democrats)
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1697. To ask the Minister for Housing, Planning, and Local Government in view of reports that high rents are impeding single people from saving for a deposit for a one bedroom house in their price range, if his Department has explored a path to removing the 20% LTV deposit required by financial institutions to approve a mortgage for a one bedroom apartment; and if he will make a statement on the matter. [44270/25]

James Browne (Wexford, Fianna Fail)
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The 'macroprudential rules' by which regulated financial institutions must operate for mortgage lending, including loan-to-value ratio limits, are set by the Central Bank of Ireland. In making and reviewing these rules, the Central Bank operates independently of Government. The area of banking and mortgages generally falls under the remit of my colleague the Minister for Finance.