Help to Buy scheme the right option – Coveney
Central Bank's similar measure vindicates budget decision, he said
The government’s introduction of its controversial Help to Buy scheme “was the right decision”, Minister for Housing Simon Coveney told the summit.
The Central Bank’s decision to relax mortgage rules for first-time buyers is a vindication of the government’s decision, he said.
“The Central Bank is essentially targeting the exact same thing we were targeting, which is looking at the capacity for first-time buyers to be able to raise a deposit, while surviving ...