Lucinda Creighton (Dublin South East, Independent) | Oireachtas source

The planning and development (No. 1) Bill is listed in the legislative programme to support actions in Construction 2020. One action mooted by the Taoiseach and Tánaiste when the document was launched in May was 95% mortgages for first-time buyers, or a provision whereby the State would underwrite the deposit up to 5%. The Central Bank has obviously responded by trying to put in place a prudent mechanism that would require a 20% deposit.

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