Oireachtas Joint and Select Committees

Thursday, 24 November 2022

Select Committee on Housing, Planning and Local Government

Estimates for Public Services 2022
Vote 34 - Housing, Local Government and Heritage (Supplementary)

Photo of Emer HigginsEmer Higgins (Dublin Mid West, Fine Gael) | Oireachtas source

I am interested in what the Minister has said about the advance-purchase affordable homes. That is how we activate unused sites that have planning permission, which is something we must do.

The Minister mentioned the shared equity scheme. The local authority area in which I live accounts for approximately 10% of the figure he just gave for people who have applied and been approved for this scheme. It will help such people to own their first home. That is a very big deal for those people in my constituency. I did quite a lot of information sessions on this in my area. Time and time again, I was asked whether there will be some sort of similar scheme for second-hand homes. I know part of the reason the shared equity scheme focused on new builds was to provide a little certainty as developments were being built out. It would be worth having a look to see if we could have any kind of scheme that could make owning a second-hand home more affordable.

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