Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

Earlier this week, I raised with the Minister of State at the Department of Housing, Planning and Local Government, Deputy English, the problems that are pretty rampant with the Rebuilding Ireland home loan scheme. I cited the example of a working couple with a clean credit rating who saved their deposit. One of them is working in telecoms and the other is a hairdresser. Their application under this scheme was refused. I had heard the figure of 67% of applicants being refused. The Minister of State indicated that it is not that bad but that the figure stands at 50%. He said it needs to be worked on. It certainly does if that is the level of refusal in a scheme that is supposed to provide working people with the opportunity to buy homes in a climate where prices are extortionate and where people are having difficulties getting mortgages. When will the work to which the Minister of State referred be done? When will we do something to re-engineer the Rebuilding Ireland home loan scheme?

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