The Central Bank is to carry out a review of the mortgage lending rules it introduced last year.

Buyers in Dublin in particular have been affected by the rules, which require a deposit of up to 20 percent.

But the Governor of the Central Bank has stressed that the rules may be tightened or loosened, depending on the outcome of the review.

Juliette Gash reports;

Financial experts are warning hopeful homeowners that the Central Bank is unlikely to relax its mortgage rules when a review is carried out this summer.

The new Governor of the Central Bank says a review will be conducted this summer, but has warned that the rules could be tightened or relaxed.

Under the rules introduced a year ago, borrowers can only get 3.5 times their salary and must save for a 10 to 20 percent deposit on the property.

Speaking on the Last Word, personal finance editor with the Irish independent Charlie Weston says Governor Philip Lane is unlikely to change those rules significantly;