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Ireland · Question · written

PQ 53

73 Deputy Éamon Ó Cuív asked the Minister for Finance his plans to include mortgage holders who took out mortgages in 2009 in any new proposals for mortgage interest relief on the basis that in parts of the country prices did not fall significantly until after 2009, that tracker mortgages were not available in 2009 and therefore mortgage holders had to take out dearer variable mortgages, that the banks have increased the rates on variable mortgages significantly since to cover the increase in the cost of money due to their own recklessness and to cover the loss on tracker mortgages; and if he will make a statement on the matter. [8157/11]

askedIreland· Dáil Éireann· EN

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19 April 2011

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19 April 2011

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73 Deputy Éamon Ó Cuív asked the Minister for Finance his plans to include mortgage holders who took out mortgages in 2009 in any new proposals for mortgage interest relief on the basis that in parts of the country prices did not fall significantly until after 2009, that tracker mortgages were not available in 2009 and therefore mortgage holders had to take out dearer variable mortgages, that the banks have increased the rates on variable mortgages significantly since to cover the increase in the cost of money due to their own recklessness and to cover the loss on tracker mortgages; and if he will make a statement on the matter. [8157/11]

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