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Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (6 Sep 2019)

Michael McGrath: .... To ask the Minister for Housing, Planning, and Local Government if there is an exception to the rule that 3% of the 10% required as a deposit must come from regular savings in the context of the Rebuilding Ireland home loan scheme in cases in which the applicant has proven an ability to pay through paying rent and can meet the deposit requirement as a result of receiving a lump sum; and...

Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (6 Sep 2019)

Eoghan Murphy: The Rebuilding Ireland Home Loan Scheme is designed to enable credit worthy first-time buyers to access sustainable mortgage lending to purchase new or second-hand properties. The low rate of fixed interest associated with the Rebuilding Ireland Home Loan provides first-time buyers with access to mortgage finance that they may not otherwise have been able to afford at a higher interest rate....

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