384 Deputy Phil Hogan asked the Minister for the Environment, Heritage and Local Government if, under legislation in which a house purchased under a shared ownership scheme drops in value from the purchase price and the buyer wishes to buy out the council share, the local authorities share of the house also drops as a percentage of the reduced valuation; and if he will make a statement on the matter. [37082/08]

Summary

384 Deputy Phil Hogan asked the Minister for the Environment, Heritage and Local Government if, under legislation in which a house purchased under a shared ownership scheme drops in value from the purchase price and the buyer wishes to buy out the council share, the local authorities share of the house also drops as a percentage of the reduced valuation; and if he will make a statement on the matter. [37082/08]

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• Local Authority Housing.

  xml · EN · 29 October 2008

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