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Real Estate Briefing - Categorized | Finance, Market Moves more

Ireland: Nama to offer investors, home buyers incentives

Posted on 20 May 2011

Plans by the National Asset Management Agency to start lending to home buyers and commercial property investors will include incentives to protect purchasers against future negative equity.
The aim of the measures is to kick-start the flagging property market. Nama insists that they are not intended to interfere artificially with the market. Nama plans to launch a product for purchasers of residential properties in the autumn that will safeguard against the risk of negative equity, where the loan is higher than the value of the property……………………………………….Full Article: Source


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