Written answers
Thursday, 26 February 2009
Department of Environment, Heritage and Local Government
Social and Affordable Housing
5:00 pm
Róisín Shortall (Dublin North West, Labour)
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Question 173: To ask the Minister for the Environment, Heritage and Local Government his intentions in relation to allowing affordable homeowners an exemption from paying clawback if they wanted to remortgage their property or change lender; and if he will make a statement on the matter. [8103/09]
Michael Finneran (Roscommon-South Leitrim, Fianna Fail)
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Legislative provision to facilitate arrangements under which a local authority could agree to its clawback charge ranking in second place behind a new or topped-up mortgage charge, thereby facilitating persons in affordable housing wishing to re-mortgage with a private lender, is included in the Housing (Miscellaneous Provisions) Bill 2008, which is currently before the Oireachtas.
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