Dáil debates

Thursday, 23 October 2008

4:00 pm

Photo of Michael FinneranMichael Finneran (Roscommon-South Leitrim, Fianna Fail)

I reiterate there is no incentive in this home choice loan. It is offered at a variable rate in the same way as a loan from any other financial institution. The only difference is that it is targeted at a group of people and will have a loan to value of 92%. There is no incentive and no intervention by Government or my Department in the construction industry. If it has a plus, we will welcome that also.

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