180. Deputy Terence Flanagan asked the Minister for Finance the rationale for a mortgage insurance scheme for first time buyers under the construction 2020 strategy when lenders already have access to indemnity insurance which is not a cost to the State; the way it will be financed if the proposal goes ahead; if the cost will be borne directly or indirectly by the first time buyer or the banks; and if he will make a statement on the matter. [24519/14]

Summary

180. Deputy Terence Flanagan asked the Minister for Finance the rationale for a mortgage insurance scheme for first time buyers under the construction 2020 strategy when lenders already have access to indemnity insurance which is not a cost to the State; the way it will be financed if the proposal goes ahead; if the cost will be borne directly or indirectly by the first time buyer or the banks; and if he will make a statement on the matter. [24519/14]

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• Construction Sector Strategy

  xml · EN · 10 June 2014

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