Alan Farrell (Dublin North, Fine Gael)
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Question 72: To ask the Minister for Finance the estimated cost of providing the increased rate of mortgage relief for first time buyers for those who purchased their homes in 2009; and if he will make a statement on the matter. [41018/11]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that the Deputy has in mind increasing the existing rate of mortgage interest relief for first time buyers in 2009 to 30% in line with the Budget 2012 measure for first time buyers in 2004 to 2008 inclusive. I am informed by the Revenue Commissioners that the cost to the Exchequer of the changes mentioned is tentatively estimated to be of the order of €4 million per year.