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Ministerial Meetings

Dáil Éireann Debate, Tuesday - 22 September 2015

Tuesday, 22 September 2015

Questions (309, 310)

Ruth Coppinger

Question:

309. Deputy Ruth Coppinger asked the Minister for Finance the meetings he has had with a company (details supplied); if the matter of the interest rate it charges was discussed; and if he will make a statement on the matter. [30689/15]

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Ruth Coppinger

Question:

310. Deputy Ruth Coppinger asked the Minister for Finance the meetings he has scheduled with a company (details supplied); if he will discuss the matter of the interest rates it charges; and if he will make a statement on the matter. [30690/15]

View answer

Written answers

I propose to take Questions Nos. 309 and 310 together.

I would like to confirm to the Deputy that I have not had meetings with Start Mortgages, nor do I have any meetings scheduled with that company.

However, I have just concluded a second set of meetings with senior management of Ireland's six main mortgage lenders to review mortgage interest rates and my Department continues to keep the situation under review.

I would strongly urge borrowers to examine the options that are now available to them to see how they can reduce their monthly mortgage payments, either with their existing lender or with a new lender if that is a practical option in their specific circumstances.

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