Finance Minister Clyde Caruana accused the Opposition of presenting “non-credible” housing proposals after questioning the Nationalist Party’s calculations on a scheme aimed at helping first-time buyers with mortgage interest payments, saying that the scheme would only cover 750 applicants. Addressing a Labour Party press conference, Caruana said the
Only 750 people will benefit from the Nationalist Party’s proposal to cover half the home loan interest of first-time buyers over 10 years, Finance Minister Clyde Caruana claimed on Thursday. Speaking during a Labour news conference, Caruana said the €2.8 million the PN budgeted annually for the scheme will be exhausted after just 750 applications
Opposition leader Alex Borg on Thursday dismissed remarks made by former Housing Minister Roderick Galdes that the PN's announced measures to assist first-time property buyers, which were publicised the evening prior, copy the existing Equity Sharing Scheme and are "nothing new." On Thursday morning, the ex-Housing Minister wrote on Facebook that the
Nationalist Party leader Alex Borg announced two new proposals to help first-time buyers purchase their first home on Wednesday evening: that a PN government would provide a rebate covering half of the total interest payments paid in the first decade of a home loan and, secondly, that first-time buyers would be able to receive interest-free assistance
A Nationalist government will cover half the mortgage interest of first-time property buyers for the first 10 years, Alex Borg announced on Wednesday. The assistance will be provided monthly, directly into the buyers’ bank accounts, for the first 10 years of a home loan. Borg was speaking during a rally in Qormi, where he told the party faithful that
The PN proposes the repayment of half the home loan interest for the first 10 years for first-time buyers. This support would be provided monthly, directly into the buyer’s bank account, for the first 10 years of the home loan. This means that a first-time buyer could benefit from around €46,800 in direct assistance. What do you make of this proposal