Results 1-20 of 129 for rebuilding ireland come loan

Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (1 Feb 2018)

Eoghan Murphy: Following a review of the two existing local authority home loan schemes, the House Purchase Loan and the Home Choice Loan, I am introducing from today, 1 February 2018, a new loan offering, known as the Rebuilding Ireland Home Loan. The new loan will enable credit worthy first time buyers to access sustainable mortgage lending to purchase new or second-hand properties in a suitable price...

Written Answers — Department of Housing, Planning, and Local Government: Housing Policy (11 Nov 2021)

Darragh O'Brien: I propose to take Questions Nos. 276 and 292 together. The Rebuilding Ireland Home Loan, which is operated by my Department, is designed to enable creditworthy first-time buyers, who are unable to access a mortgage from a commercial lender, to obtain sustainable mortgage lending to purchase a new or second-hand property.  To support prudential lending and consistency of treatment for...

Written Answers — Department of Housing, Planning, and Local Government: Housing Schemes (28 Sep 2021)

Darragh O'Brien: As part of Housing for All, I announced that a reformed successor to the Rebuilding Ireland Home Loan Scheme, the 'Local Authority Home Loan', will be in place later in 2021. The Local Authority Home Loan will include an increase in the income ceiling for single applicants, thus increasing the number of people eligible for a mortgage. I have already implemented a reduction of the mortgage...

Written Answers — Department of Housing, Planning, and Local Government: Housing Schemes (5 Oct 2021) See 1 other result from this answer

Darragh O'Brien: As part of Housing for All, I announced a reformed successor to the Rebuilding Ireland Home Loan Scheme, the 'Local Authority Home Loan'. The Local Authority Home Loan will include an increase in the income ceiling for single applicants. For counties where the scheme’s house price limit is €320,000 (Cork, Dublin, Galway, Kildare, Louth, Meath and Wicklow), the income...

Written Answers — Department of Housing, Planning, and Local Government: Local Authority Housing Eligibility (20 Jun 2018)

Eoghan Murphy: ...cost of housing accommodation across the country. It is important to note that the limits introduced at that time also reflected a blanket increase of €5,000 introduced prior to the new system coming into operation, in order to broaden the base from which social housing tenants are drawn, both promoting sustainable communities and also providing a degree of future-proofing. ...

Ceisteanna Eile - Other Questions: Home Loan Scheme (5 Nov 2019)

Martin Heydon: ...€15 million. This is because there has been a drawdown of only €10 million. It means there are an awful lot of people still waiting on a list who are now contacting my office. They want to get a Rebuilding Ireland home loan but are stuck in that system. Where there is duplication it would be very helpful to have some measures to deal with that. The income limits for...

Written Answers — Department of Housing, Planning, and Local Government: Local Authority Housing Eligibility (14 Nov 2018)

Eoghan Murphy: ...cost of housing accommodation across the country. It is important to note that the limits introduced at that time also reflected a blanket increase of €5,000 introduced prior to the new system coming into operation, in order to broaden the base from which social housing tenants are drawn, both promoting sustainable communities and also providing a degree of future-proofing. As part...

Confidence in the Minister for Housing, Planning and Local Government: Motion [Private Members] (3 Dec 2019)

Eoghan Murphy: ...on the market for our solutions and that our targets are not ambitious. Next year, we will build more social housing homes than were built in any of the boom years. We cannot escape such facts. Rebuilding Ireland is working. As supply increases, we are locking in affordability. Since 2016, 50,000 new homes have been bought by first-time buyers. That number comes from the CSO and is...

Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (7 Nov 2019)

Eoghan Murphy: When the Rebuilding Ireland Home Loan scheme was initially being developed, it was estimated that the drawdown of loans would be approximately €200 million over three years. However, this loan product has proved to be more successful than initially anticipated. In the context of the scheme’s success my Department engaged with the Department of Public Expenditure and Reform and...

Joint Oireachtas Committee on Housing, Planning and Local Government: Update on Rebuilding Ireland - Action Plan for Housing and Homelessness: Discussion (25 Jan 2018) See 2 other results from this debate

Eoghan Murphy: ...to date regarding affordability have been direct supply-side measures such as LIHAF infrastructure funding, the fast-track process of An Bord Pleanála, the new finance body, Home Building Finance Ireland, which will come on line this year or changes in apartment standards and they all aim to reduce costs to increase supply. The Rebuilding Ireland home loan is not a direct supply-side...

Written Answers — Department of Housing, Planning, and Local Government: Housing Schemes (28 Sep 2021)

Darragh O'Brien: My Department does not collect data on the number of Rebuilding Ireland home loans that have been issued to non-first-time buyers who are separated or divorced. As regards the policy context, the Rebuilding Ireland Home Loan Scheme enables credit-worthy first-time buyers to access sustainable mortgage lending to purchase new or second-hand properties in a suitable price range, where they...

Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (13 Feb 2018)

Eoghan Murphy: Following a review of the two existing local authority home loan schemes, the House Purchase Loan and the Home Choice Loan, a new loan offering - the Rebuilding Ireland Home Loan - was introduced on 1 February 2018. In terms of self-builds, where a loan applicant is building their own home on a pre-owned site with planning permission, the loan available under the Rebuilding Ireland Home...

Other Questions: Housing Provision (27 Feb 2018) See 1 other result from this debate

Eoghan Murphy: ...provision of affordable houses is open to every local authority in the State that applied under LIHAF 1. LIHAF 2 will present another opportunity to achieve the provision of affordable homes. The Rebuilding Ireland home loan is available to every local authority. The Deputy and I need to recognise that the affordability challenges are greater in some parts of the country than in others....

Ceisteanna ó Cheannairí - Leaders' Questions (5 Mar 2019)

Leo Varadkar: When it comes to the Rebuilding Ireland home loan, 575 people have been helped to buy their first home-----

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (28 Feb 2019)

Catherine Murphy: That is fine, if Mr. McCarthy sends us a note. I am merely trying to be efficient with the time available to me. Going back to Rebuilding Ireland, I wonder about the estimate for the Rebuilding Ireland home loan, which is a welcome initiative. Where did the estimate of €200 million over three years come from? Kildare, Fingal, Meath and Waterford, for example, have all exhausted...

Written Answers — Department of Housing, Planning, and Local Government: Housing Policy (11 Nov 2021)

Darragh O'Brien: As with the previous local authority loan offerings, the Rebuilding Ireland Home Loan is currently available to first-time buyers only. This is set out in the regulations governing the Scheme and ensures effective targeting.  However, applicants who are separated or divorced may be treated as first-time buyers, in accordance with the...

Written Answers — Department of Housing, Planning, and Local Government: Housing Policy (7 Oct 2021)

Darragh O'Brien: Local authority mortgage protection insurance (MPI) scheme has applied to all house purchase loans approved by local authorities after 1 July 1986, including the Rebuilding Ireland Home Loan introduced on 1 February 2018. Local authority MPI will also apply to the Local Authority Home Loan when it is intoduced. One of the conditions of the MPI scheme, which is a group policy, is that it...

Saincheisteanna Tráthúla - Topical Issue Debate: Local Authorities (31 May 2022)

Malcolm Noonan: The local authority home loan is a Government-backed mortgage for first-time buyers and other eligible applicants delivered through local authorities. The scheme provides mortgage financing for those who are unable to secure a sufficient commercial bank loan. It was introduced on 4 January 2022, replacing the previous Rebuilding Ireland home loan. It is worth setting out at a high level how...

Written Answers — Department of Housing, Planning, and Local Government: Housing Policy (11 Nov 2021)

Darragh O'Brien: With regard to issue of mortgage requirements and the assessment by financial institutions of mortgage applications, these requirements are governed by the Central Bank of Ireland which retains independence in the establishment of macro-prudential policy and mortgage measures. Information in this regard, including on exemptions and other matters, is available at the following...

Questions on Promised Legislation (28 Mar 2018)

Eoghan Murphy: It is difficult for me to speak to individual cases. If the Deputy wishes to give me the details of the case to which he refers, I will look into it. Under the Rebuilding Ireland home loan, people who have separated and come from former relationships are entitled to access that home loan scheme. This is the first tranche, related to the €200 million fund. We are reviewing the...