Seanad debates
Thursday, 26 September 2019
Housing: Statements
10:30 am
Damien 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?
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