Seanad debates

Thursday, 13 November 2014

10:30 am

Photo of Paul CoghlanPaul Coghlan (Fine Gael) | Oireachtas source

----- or so he was known. There will be nights in Killarney. There is the humanitarian award on Saturday night and a function also on Sunday. All are very welcome.

I welcome the fact that it now looks likely, thanks be to God, that the Central Bank might ease the 20% deposit requirement for first-time purchasers. That is hugely important. A sum of 10% is enough. It is a huge strain on young people. Now that we have been given the variation in house prices, particularly with regard to the proximity of national schools, it makes it more important that it be eased and made more amenable for people. I greatly welcome that.

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