FF pushes for extension to mortgage interest relief

Scheme dubbed ‘cash for crash’ for 300,000 households

19th March, 2017
Minister for Finance Michael Noonan

Fianna Fáil is pushing ahead with a scheme dubbed ‘cash for crash’ for 300,000 households, mostly negative equity mortgage holders, despite warnings from civil servants.

The party secured agreement with Fine Gael for a three-year extension to mortgage interest relief for people who bought houses between 2004 and 2012.

This could be worth as much as €750 per year to the negative equity generation, many of whom had stopped voting for Fianna Fáil due...

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