Bernard Durkan (Kildare North, Fine Gael)
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Question 76: To ask the Minister for Finance if in the context of determination of entitlement to mortgage interest relief in respect of a second dwelling in the case of a person (details supplied) in County Kildare, if consideration will be given by the Revenue Commissioners to the fact that the original dwelling was defective and by agreement surrendered to the developer whereupon a new arrangement had to be entered into in respect of the replacement dwelling which in turn would now appear to prevent the entitlement to mortgage interest relief; if the matter will be reviewed to ensure that in such circumstances the entitlement is confirmed; and if he will make a statement on the matter. [12111/12]

Michael Noonan (Limerick City, Fine Gael)
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As I announced in the Budget, the proposed new 30% rate of tax relief in respect of interest paid on qualifying home loans for first time buyers who took out their first qualifying home loan in the period between 2004 and 2008 (both dates inclusive) comes into effect as regards the 2012 tax year and subsequent tax years until end 2017. I am informed by the Revenue Commissioners that they have reviewed the case in question and have determined that the 30% rate should apply to the loan. Revenue will write to the person concerned confirming the position in that regard shortly.