Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

It is telling that the Minister has refused to rule out a role for Revenue in collecting water charges. My question is on the Finance Bill and mortgages.

While the Bill contains a measure dealing with the DIRT applied to those saving to buy premises, one of the Government's major commitments was the mortgage guarantee scheme. On 27 May, the Minister stated: "I will do an economic analysis on the subject matter of the question, and if I think it can improve supply, I will take action in the Finance Bill; if I think it will not, I will not." The Central Bank issued guidelines on 20% deposits and so on, but what is the Government's policy on a mortgage guarantee? It is important that we know now so that we can feed into the Central Bank's consultation process with accurate information.

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