587. Deputy Bríd Smith asked the Minister for Housing, Planning and Local Government if his attention has been drawn to the fact that the mortgage calculator for the Rebuilding Ireland home loan scheme is yielding widely inaccurate figures for prospective applicants (details supplied); if his attention has been further drawn to the fact that local authorities are subsequently reducing the loan amount that applicants may avail of by a large amount by calculating a much greater figure than needed for mortgage protection insurance; and the reason local authorities are including much greater mortgage protection insurance costs than applicants can avail of on the open market. [21245/18]

Summary

587. Deputy Bríd Smith asked the Minister for Housing, Planning and Local Government if his attention has been drawn to the fact that the mortgage calculator for the Rebuilding Ireland home loan scheme is yielding widely inaccurate figures for prospective applicants (details supplied); if his attention has been further drawn to the fact that local authorities are subsequently reducing the loan amount that applicants may avail of by a large amount by calculating a much greater figure than needed for mortgage protection insurance; and the reason local authorities are including much greater mortgage protection insurance costs than applicants can avail of on the open market. [21245/18]

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Timeline

1. 15 May 2018

   Home Loan Scheme

   587. Deputy Bríd Smith asked the Minister for Housing, Planning and Local Government if his attention has been drawn to the fact that the mortgage calculator for the Rebuilding Ireland home loan scheme is yielding widely inaccurate figures for prospective applicants (details supplied); if his attention has been further drawn to the fact that local authorities are subsequently reducing the loan amount that applicants may avail of by a large amount by calculating a much greater figure than needed for mortgage protection insurance; and the reason local authorities are including much greater mortgage protection insurance costs than applicants can avail of on the open market. [21245/18]

   Source: written

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• Home Loan Scheme

  xml · EN · 15 May 2018

  ViewDownloadOpen at official source

Sponsors

• Smith, Bríd. · Asking member
• Housing · Housing · Addressed to

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