asked the Minister for the Environment when the announcement abolishing the mortgage subsidy was made; the date from which is was abolished; and the arrangements, if any, which have been made to assist house buyers who signed contracts to purchase a house prior to the announcement on the understanding that the subsidy was available to them.
Written Answers. - Mortgage Subsidy Scheme.
138.
The mortgage subsidy scheme was terminated with effect from 30 September 1986. However, persons who had signed contracts to purchase or build a house on or before that date were initially given until 31 October 1986 to submit their applications. This closing date for receipt of applications was finally extended to 6 March 1987.