Mortgage Interest Rates
Dail Éireann — 2024-04-10
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Pearse Doherty (SF), Donegal

In the past two years, mortgage interest costs for households have risen by more than 65%. For over a year, Sinn Féin has called for the introduction of targeted mortgage interest relief for households struggling with rising interest rates. The Government opposed those calls for months, but it then performed a U-turn, another example of where the Government has seen the sense in what Sinn Féin said. It introduced a mortgage interest tax credit in the budget. However, it made a mess of it, if we can be honest. I said at the time that I had many reservations about the way in which the Government introduced the tax credit. Will the Minister provide details of the take-up of this credit thus far and the number of applicants who were unsuccessful due to their incomes being too low?

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2024-04-10/debate/main
Retrieved: 2026-08-14T04:52:48+00:00
Sitting date: 2024-04-10