In 2013 Fergal McGrath, alongside his physicist brother Oran, co-founded Dilosk, a non-bank lender that offers mortgages in Ireland under the ICS brand. Today, he talks to Ciarán about Ireland s mortgage market and Dilosk s place in it. They also discuss the likelihood of an interest rate increase this year amid a spike in inflation and the prospects for house prices in 2022. He also gives his view on the income limits in the Central Bank s mortgage rules and why they could be loosened, and predicts what Irish banking might look like in a decade s time.