Mr. Derek Moran:

Given the nature of house purchasing, many will be loaded towards the end of the year. It will not be constant. The number of applications has slowed down significantly. We are picking up many people who would have been eligible from the second half of last year as well.

Like some other expenditure, this is a demand-led scheme. Our best estimate at the time was a cost of €40 million to €50 million. We are running at a spend of €8 million after the first quarter. The average or the quarter's number could be multiplied by the 4,000. It will fall within a range. There may be pressures over the 15, but it is too early to say. We are watching the situation closely.