Oireachtas Joint and Select Committees

Tuesday, 23 January 2018

Joint Oireachtas Committee on Housing, Planning and Local Government

Planning and Development (Amendment) Regulations 2018: Minister of State at the Department of Housing, Planning and Local Government

11:00 am

Photo of Damien EnglishDamien English (Meath West, Fine Gael) | Oireachtas source

Moreover, people can go to the credit union or the bank, make the case that the council is willing to lease their property for 20 years and seek a loan on that basis. There are other ways to do it. The scheme is in place because we recognise that in some cases people do not have access to funds. It seems like a good investment to me to spend this cash on a property to get rent in straight away or one month later and for that to continue for the rest of the landlord's life. We need to encourage people to do it. That is why we are trying to make it easier than other schemes. That is what we are trying to do.

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