Seanad debates

Wednesday, 23 November 2016

Planning and Development (Housing) and Residential Tenancies Bill 2016: Committee Stage

 

10:30 am

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael) | Oireachtas source

The core issue that is inhibiting first-time buyers who want to apply for a mortgage to buy a property is the ability to accumulate a deposit to apply for such a mortgage. That is essentially what the Central Bank is saying today and that is what we said on budget day.

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