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Seanad
‹ Order of Business (Resumed)

First-time buyer mortgages

Summary

Senator Healy Eames asks the Leader to arrange a debate on reported Government-backed mortgages for first-time buyers, warning against renewed reckless lending.

I take the opportunity to express my concern about a report in today's edition of the Irish Independent on easy mortgages for first-time buyers being shored up by the Government. I ask the Leader to ensure a debate takes place on the matter. We do not want further reckless lending. On the previous occasion the banks went bust, it cost us €64 billion.

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