The Central Bank has left its mortgage rules unchanged after its annual review published today.

However, it will now let banks carry forward above-limit loans approved from one calendar year to the next.

The Central Bank also announced its intention to introduce new rules for property funds.

The mortgage rules are part of the Central Bank’s Financial Stability Review which tests the robustness of the financial system.

The rules on mortgage loan to value limits and borrowers’ income limits remain unchanged.

An ongoing review of the measures will now be open to a public consultation next month.

The review will not be completed until the second half of next year.

In the meantime, banks will now be able to carry forward the proportion of loans,

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