Brian Cowen (Laois-Offaly, Fianna Fail)

In the programme for Government we signalled that the first-time buyer, and recent purchasers, would benefit from further increases in the ceiling on mortgage interest relief. Today, I will honour the Government's pledge by increasing the ceiling on mortgage interest relief for first-time buyers by €2,000 for a single person and €4,000 for a married couple or widowed person to €10,000 and €20,000 respectively.

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