Loans for house purchase at highest level since 2009

New figures show net mortgage lending rose by €964m or 1.3% in the year to November

The rise in mortgage loans comes as total loans to households fell 1.1 per cent in the year to the end of November

The rise in mortgage loans comes as total loans to households fell 1.1 per cent in the year to the end of November

Loans for house purchase were at their highest since 2009 last year, according to new figures published by the Central Bank.

The data show net mortgage lending rose by €964 million or 1.3 per cent in the year to November with net growth of €131 million in that month alone.

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