200 complaints against plan for first-time buyers
Submitted by daltonr on Thu, 11/06/2008 - 23:01
MORE than 200 Irish people have submitted complaints to the EU Competition Directorate over the new housing support scheme announced in the Budget for first-time buyers.
They allege that the Home Choice Loans plan is contrary to competition rules as it only applies to new homes, and is only open to people earning more than €40,000 a year.
The commission will now make a request for information on Home Loans Choice from the Government and on the basis of that, it will decide whether or not to open an investigation.