Seanad debates

Thursday, 26 September 2019

10:30 am

Photo of Damien EnglishDamien English (Meath West, Fine Gael) | Oireachtas source

It was confirmed that the money was there. The figure is more than €350 million. It was discussed at the housing committee a few weeks ago. There is no issue of people not being able to get a loan, if they qualify for it. More than 1,000 people have been successful in qualifying for that loan. More people will need it. I think it is a very good product and it is working well.

One also sees that the banks are changing their products. If the Government can offer a scheme, the banks should be able to offer a long-term fixed rate product. That is something they are doing. There is a bit more sense in it. Hopefully we can move to that as well. So the money is not running out.

How much time remains?

Comments

No comments

Log in or join to post a public comment.