Denis Naughten (Fine Gael)
candidate Dáil election

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year born

1973

professional qualification

Research Scientist

occupation

Teachta Dála

residence (town, city, district)

Roscommon

constituency

Roscommon - South Leitrim

We believe this will cost the exchequer €120 million annually, but that will be offset by the earlier than planned abolition of mortgage interest relief for new first time buyers. Housing prices have fallen massively from the highs of the boom and Government support for paying for new mortgages should not be needed after June of this year. (...)

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Questions to Denis Naughten

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Issue financial crisis

05.02.2011

By:

Denis,

your party is proposing a special rate of mortgage relief for first-time home buyers between 2005 and 2008.

What will be the exact cost of this proposal and how will the cost be met - through an additional taxation measure or a reduction in service(s)?

answer sent by Denis Naughten

recommendation

05.02.2011

We believe this will cost the exchequer €120 million annually, but that will be offset by the earlier than planned abolition of mortgage interest relief for new first time buyers. Housing prices have fallen massively from the highs of the boom and Government support for paying for new mortgages should not be needed after June of this year. In time the relief will be phased out.

Full details of our fiscal plans will be released next week.

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Denis Naughten (Fine Gael)candidate Dáil election

Denis Naughten (Fine Gael)
candidate Dáil election