Labour leader Pat Rabbitte told The Sunday Business Post that it would be a state-sponsored scheme designed to assist the many young people in employment who can afford to make monthlymortgage repayments, but who find it impossible to raise enough money for a deposit.
The scheme would be totally separate from the mortgage repayments but would simply finance the deposit, saidRabbitte.
“Because interest rates are low, a lot of young people would manage in a...
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