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New BOI loan product aims to help older homeowners downsize

YouTubeIrish Independent

New BOI loan product aims to help older homeowners downsize

Bank of Ireland (BoI) will pilot a new loan product allowing people to trade down to a smaller home. The product is similar to bridging finance and is likely to appeal to people whose children have left home and who want to downsize. Previous suggestions that older people in large properties whose families have left should move to free up ...

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