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

I thank the Deputy for the question. More than 1,000 Rebuilding Ireland home loans have been approved since the scheme was introduced in February. It is a very popular product because it helps people with affordability. An affordable mortgage with a fixed-term interest rate over its lifetime is unique in the Irish market. It is very popular but local authorities must be prudent in making sure when they lend that they do so to people who can afford to make repayments. I am aware of a number of inconsistencies in how the Rebuilding Ireland home loan is being applied across local authorities. An assessment has been done and I am reviewing that assessment at present with regard to what further changes may be made in the very near future.

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