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- Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (20 Jan 2021)
Cian O'Callaghan: 216. To ask the Minister for Housing, Planning, and Local Government if the cost of the mortgage protection insurance for Rebuilding Ireland home loans differ by local authority; if so, the various rates in tabular form; if provision will be made to source alternative insurance outside the schemes; and if he will make a statement on the matter. [2580/21]
- Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (20 Jan 2021)
Darragh O'Brien: The local authority mortgage protection insurance (MPI) scheme has applied to all house purchase loans approved by local authorities after 1 July 1986, including the Rebuilding Ireland Home Loan introduced on 1 February 2018. Local authority mortgage protection insurance is charged at the rate of 0.555%, this rate does not vary between local authorities. It is obligatory for all local...