Central Bank Mortgage Rules Should Look at Rent Payments – Lawless

James Lawless Fianna FailCllr James Lawless has backed calls that the Central Bank rules on mortgage lending, in place since February of last year, need to be reviewed to examine the impact they are having on the ability of young couples and individuals to purchase their first home. In particular, he is calling for the rules to be modified in order that an established track record of paying rent is taken as evidence of ability to service a mortgage.

A survey carried out by Daft.ie last September found that it was cheaper to buy rather than to rent in 43 out of 54 areas covered by the survey. This means that, in up to 80% of the country, individuals and couples would actually be financially better off on a monthly basis paying a mortgage than paying rent for an equivalent property.

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Full House at Lawless Election Event

Dara Calleary TD with Cllr James Lawless

Dara Calleary TD with Cllr James Lawless

There was a full house at Cllr James Lawless’ recent election campaign event in Sallins. The event which was a breakfast for supporters was held at Café Grange in Sallins marked the first in a series of campaign events which the Lawless campaign will be holding around the Kildare North Constituency.

Cllr Lawless was selected in March as the Fianna Fáil candidate for the upcoming general election in Kildare North. The breakfast was a great success with queues forming out the door and barely enough chairs to seat everyone. A great buzz ensued, the mood was optimistic and all present were confident that Fianna Fáil will win a seat back in the constituency at the next election.

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Cllr James Lawless Selected by FF to Contest General Election in Kildare North

Cllr. James Lawless

Cllr. James Lawless

Fianna Fáil Councillor James Lawless was selected to contest the upcoming General Election on behalf of the party for Kildare North. The selection follows a convention which took place at the Westgrove Hotel in Clane with more than 200 members in attendance. The convention was chaired by Fianna Fáil Spokesperson on Transport Timmy Dooley TD.

Speaking following his selection, Cllr Lawless commented, “It is a great honour to be chosen to represent Fianna Fáil in the Kildare North constituency for the upcoming General Election. Fianna Fáil has a proud tradition in Kildare and I look forward to working with the organisation and wider community to regain a seat for the party in Kildare North.”

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