113 Deputy Martin Ferris asked the Minister for Social and Family Affairs if, in view of the reduction of the amount spent by his Department on mortgage interest supplements, he will use his position to influence the banking sector to require more banks to allow persons in financial difficulty to make borrowed sum only repayments rather than interest only repayments for the duration of those difficulties in view of the fact that over the long term the application of interest only repayments places a greater financial burden on the mortgagee and by extension potentially on the State via the payment of mortgage interest supplements. [15492/10]

Summary

113 Deputy Martin Ferris asked the Minister for Social and Family Affairs if, in view of the reduction of the amount spent by his Department on mortgage interest supplements, he will use his position to influence the banking sector to require more banks to allow persons in financial difficulty to make borrowed sum only repayments rather than interest only repayments for the duration of those difficulties in view of the fact that over the long term the application of interest only repayments places a greater financial burden on the mortgagee and by extension potentially on the State via the payment of mortgage interest supplements. [15492/10]

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 20 April 2010

   Social Welfare Benefits.

   113 Deputy Martin Ferris asked the Minister for Social and Family Affairs if, in view of the reduction of the amount spent by his Department on mortgage interest supplements, he will use his position to influence the banking sector to require more banks to allow persons in financial difficulty to make borrowed sum only repayments rather than interest only repayments for the duration of those difficulties in view of the fact that over the long term the application of interest only repayments places a greater financial burden on the mortgagee and by extension potentially on the State via the payment of mortgage interest supplements. [15492/10]

   Source: written

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Social Welfare Benefits.

  xml · EN · 20 April 2010

  ViewDownloadOpen at official source

Sponsors

• Ferris, Martin. · Asking member
• Minister for Family · Minister for Family · Addressed to

Related records

No cross-record relationships stored yet.