340 Deputy Joan Burton asked the Minister for the Environment, Heritage and Local Government the formula by which the clawback percentage is calculated in the case of affordable housing schemes; if his attention has been drawn to the fact that, in the context of falling house prices, there are occasions where the market value quoted by the Affordable Homes Partnership is significantly in excess of the actual value of the property as certified by an independent valuer and that this has the effect of increasing the clawback percentage imposed on the purchaser; if he will take steps to ensure that this anomaly is rectified; and if he will make a statement on the matter. [27961/08]

Summary

340 Deputy Joan Burton asked the Minister for the Environment, Heritage and Local Government the formula by which the clawback percentage is calculated in the case of affordable housing schemes; if his attention has been drawn to the fact that, in the context of falling house prices, there are occasions where the market value quoted by the Affordable Homes Partnership is significantly in excess of the actual value of the property as certified by an independent valuer and that this has the effect of increasing the clawback percentage imposed on the purchaser; if he will take steps to ensure that this anomaly is rectified; and if he will make a statement on the matter. [27961/08]

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• Social and Affordable Housing.

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