Dessie Ellis (Dublin North West, Sinn Fein)
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Question 373: To ask the Minister for the Environment, Community and Local Government if his attention has been drawn to the fact that Dublin City Council local authority mortgage holders have received only a single 0.25% cut to their interest rate since the rates were last increased in August 2011, despite the fact that the ECB rate was cut by 0.25% in November and again in December 2011 and that in his replies to Parliamentary Questions Nos. 139 of 9 November 2011 and 221 of 15 December 2011, he stated that both cuts would be passed on to local authority mortgage holders; the steps he will take to immediately ensure the second 0.25% cut is passed on and that future cuts are passed on without delay; and if he will make a statement on the matter. [12827/12]

Jan O'Sullivan (Limerick City, Labour)
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My Department understands that Dublin City Council will be implementing an interest rate cut of 0.25% from 1 February 2012 for all variable loans; a further rate cut of 0.25% is scheduled to be implemented on 1 April 2012.