Government and banks must back this move to help solve housing crisis - News Summed Up

Government and banks must back this move to help solve housing crisis


Sir, – News that the Central Bank is to ease lending rules – in a way that will benefit older homeowners – is both welcome and overdue (‘Mortgage rules for short-term bridging loans eased to help home buyers,’ Business, April 8th). But until now, they have been locked out by the lack of access to short-term bridging finance. It provides a viable alternative to both isolation and inappropriate housing, enabling people to right-size while remaining socially connected and independent. Banks must step up to provide accessible, fairly priced bridging finance tailored to older borrowers who are seeking to move, not to speculate. And the Government must play its part by recognising cohousing as a distinct housing model and supporting it through appropriate policy and zoning.


Source: The Irish Times April 09, 2026 12:55 UTC



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