181. Deputy Robert Troy asked the Minister for Finance if his attention has been drawn to the fact that mortgage providers are currently unwilling to extend mortgage approval for customers whose approval lapses during level 5 restrictions and, as a result, many potential homeowners will have to go through the entire mortgage approval process for a second time as building works cannot commence during current restrictions; and if he will intervene, alongside the Central Bank, to ensure mortgage approval can be extended in such cases. [11016/21]

Summary

181. Deputy Robert Troy asked the Minister for Finance if his attention has been drawn to the fact that mortgage providers are currently unwilling to extend mortgage approval for customers whose approval lapses during level 5 restrictions and, as a result, many potential homeowners will have to go through the entire mortgage approval process for a second time as building works cannot commence during current restrictions; and if he will intervene, alongside the Central Bank, to ensure mortgage approval can be extended in such cases. [11016/21]

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• Mortgage Lending

  xml · EN · 3 March 2021

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