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Ireland · Question · written

PQ 171

171. Deputy Eoghan Murphy asked the Minister for Finance if he has considered proposals for restructuring lending practices in the mortgage market whereby mortgage lending would be calculated in terms of the average value of a house over a fixed period, say 20 years, for which the money is being borrowed, rather than calculating the loan in terms of the present-day value of the house which may not reflect the longer-term value of the asset. [23321/14]

askedIreland· Dáil Éireann· EN

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27 May 2014

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27 May 2014

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171. Deputy Eoghan Murphy asked the Minister for Finance if he has considered proposals for restructuring lending practices in the mortgage market whereby mortgage lending would be calculated in terms of the average value of a house over a fixed period, say 20 years, for which the money is being borrowed, rather than calculating the loan in terms of the present-day value of the house which may not reflect the longer-term value of the asset. [23321/14]

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