604. Deputy Seán Haughey asked the Minister for Housing, Planning and Local Government if his attention has been drawn to the fact that local authorities are insisting that applicants under the new Rebuilding Ireland home loan scheme take out mortgage protection which results in lower amounts being loaned to them; his views on whether it is appropriate for applicants to be obliged to take mortgage protection from local authorities which are also the mortgage advisers in similar cases; if his attention has been further drawn to the fact that local authorities are quoting more than three times the average amount which can be obtained elsewhere in the market for mortgage protection; and if he will make a statement on the matter. [8275/18]

Summary

604. Deputy Seán Haughey asked the Minister for Housing, Planning and Local Government if his attention has been drawn to the fact that local authorities are insisting that applicants under the new Rebuilding Ireland home loan scheme take out mortgage protection which results in lower amounts being loaned to them; his views on whether it is appropriate for applicants to be obliged to take mortgage protection from local authorities which are also the mortgage advisers in similar cases; if his attention has been further drawn to the fact that local authorities are quoting more than three times the average amount which can be obtained elsewhere in the market for mortgage protection; and if he will make a statement on the matter. [8275/18]

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• Mortgage Insurance

  xml · EN · 20 February 2018

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