297. Deputy Róisín Shortall asked the Minister for Finance his views on a growing problem with a large number of would-be second home movers trapped by negative equity and living in homes that their families have outgrown and the only alternative to selling up and crystallising losses may be to let the property; his views on extending mortgage interest relief in respect of these homes that were bought at the height of the boom, but will lose this relief if the home owner moves into alternative rented accommodation; the steps or initiatives being taken to assist such families who need to move on from their starter home; and if he will make a statement on the matter. [16902/13]

Summary

297. Deputy Róisín Shortall asked the Minister for Finance his views on a growing problem with a large number of would-be second home movers trapped by negative equity and living in homes that their families have outgrown and the only alternative to selling up and crystallising losses may be to let the property; his views on extending mortgage interest relief in respect of these homes that were bought at the height of the boom, but will lose this relief if the home owner moves into alternative rented accommodation; the steps or initiatives being taken to assist such families who need to move on from their starter home; and if he will make a statement on the matter. [16902/13]

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• Mortgage Interest Relief Extension

  xml · EN · 16 April 2013

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