Eoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

The Deputy also mentioned a review of the Rebuilding Ireland home loan. Consistency is key. Among the recommendations made to me one constantly repeated was the need for consistency in application in each local authority. At the beginning of next year we will be able to implement those recommendations, which I have separated into two tiers. The first tier, which is the easy stuff that we can commence at the beginning of next year, is work with the local authorities in terms of notifications, training rounds and so on. The second tier requires discussion with the Department of Public Expenditure and Reform, which is a more complicated process. Both are in train and I have raised aspects of them with the Minister for Finance and with the Taoiseach last week in a meeting.

On the one stage approval process, we have committed to examining the cap and we are currently doing so in conjunction with the Department of Public Expenditure and Reform.