Pádraig O'Sullivan (Cork North Central, Fianna Fail) | Oireachtas source

I thank the Minister for his response and appreciate where he is coming from regarding the importance of protecting people who may not have long-term financial security. Nobody is advocating that banks approve loans to people whose jobs are not viable or that they lend recklessly. I am not suggesting that for one minute. I emphasise that I am referring to applicants who were pre-approved for mortgages. They are having difficulty with the drawdown of same because they are on one of these schemes. I am grateful for the opportunity to raise this issue again because it is imperative that we continue to allow people who can purchase a home to do so in order to ensure that we have a functioning housing market. On that note, I welcome the recent announcement by the Minister for Housing, Local Government and Heritage on the launch of an affordable housing scheme. I eagerly await the details on this.

I would be grateful if the Minister and his officials would continue to keep the mortgage issue under review.

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