As the Deputy will be aware, the Central Bank of Ireland has recently published a Consultation Paper on macro-prudential policy for residential mortgage lending which sets out proposals to introduce new macro-prudential measures to enhance the resilience of the banking sector and households to housing market developments. The proposed measures outline restrictions on the loan to value (LTV) and loan to income (LTI) ratios lenders can apply when lending for house purchase and will apply to all lending in Ireland by regulated firms. According to the Central Bank, the measures propose to introduce proportionate limits and specific exemptions which take into consideration that there are some cases which could fall outside strict limits. A copy of the Consultation Paper is available on the Central Bank website (at http://www.centralbank.ie/press-area/press-releases/Pages/CentralBankpublishesnewmacro-prudentialmeasuresformortgagelending.aspx) and comments on the paper can be made electronically to realestate@centralbank.ie by 8 December 2014.