An tOrd Gnó - Order of Business
Dail Éireann — 2023-10-24
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Leo Varadkar (FG), Dublin West

Many of those people will benefit from the mortgage interest relief which was announced in the budget because they have seen big increases in their mortgage payments as a consequence of higher interest rates. They could benefit by about €1,250 a year under that scheme. I appreciate, however, that this is only a small contribution for people facing increases of €600, €700 or €800 a month. They can switch, as the Deputy knows, but it is very hard to switch if you do not have equity in your property. They should certainly investigate that if they do. As regards other actions we could take, I am not sure what else is possible, but I will certainly make the Minister for Finance aware that Deputy O'Dea raised this.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2023-10-24/debate/main
Retrieved: 2026-08-14T04:52:19+00:00
Sitting date: 2023-10-24