KBC Bank Ireland has re-introduced mortgages on properties based on a 90% loan to value ratio.

Up to now it had been offering an 80% maximum loan to value on loans of up to €750,000.

The bank says the decision was made in light of growing confidence in the housing market and increasing demand from buyers.

"Confidence is returning to the economy and in urban areas in particular, house buyers are returning to the market because they believe there are increased signs of prices stabilising," KBC Bank Ireland Executive Director and Head of Retail, Dara Deering said.