112 Mr. Rabbitte asked the Minister for Finance if he has had discussions with the Financial Regulator on the subject of interest only mortgages; his views on the fact that interest only mortgages are being encouraged by the banking sector with some banks providing 100 per cent mortgages with interest only repayments; if he intends to take measures to regulate the provision of interest only mortgages on family homes; and if he will make a statement on the matter. [24934/06]

Summary

112 Mr. Rabbitte asked the Minister for Finance if he has had discussions with the Financial Regulator on the subject of interest only mortgages; his views on the fact that interest only mortgages are being encouraged by the banking sector with some banks providing 100 per cent mortgages with interest only repayments; if he intends to take measures to regulate the provision of interest only mortgages on family homes; and if he will make a statement on the matter. [24934/06]

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Timeline

1. 28 June 2006

   Financial Services Regulation.

   112 Mr. Rabbitte asked the Minister for Finance if he has had discussions with the Financial Regulator on the subject of interest only mortgages; his views on the fact that interest only mortgages are being encouraged by the banking sector with some banks providing 100 per cent mortgages with interest only repayments; if he intends to take measures to regulate the provision of interest only mortgages on family homes; and if he will make a statement on the matter. [24934/06]

   Source: written

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• Financial Services Regulation.

  xml · EN · 28 June 2006

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• Pat Rabbitte · Asking member
• Minister for Finance · Minister for Finance · Addressed to

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