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Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (16 Nov 2020)

Seán Canney: ...-to-buy scheme, which looks for a report on the potential for reconfiguring it to allow it to be expanded to include first-time purchasers of second-hand houses. There is an issue relating to the Rebuilding Ireland home loan scheme, which will not give a mortgage towards the refurbishment of an existing house. Across the country, we have a huge number of vacant properties in our towns...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (16 Nov 2020)

Denis Naughten: I support the points Deputy Canney made. We are looking for the help-to-buy and the Rebuilding Ireland home loan schemes to be extended not just to new builds but also to second-hand properties. As the Minister will be aware, the census in 2016 highlighted that there are 80,000 homes vacant across the country that could have families in them. Some of these homes have fibre-optic cable...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (16 Nov 2020)

Paschal Donohoe: I do not propose to agree to the proposed amendments. Notwithstanding that the help-to-buy scheme is scheduled to sunset at the end of next year, further support is needed in the delivery of new homes, as the situation remains as acute now as it was before and during the summer. Section 7 provides for the additional support to continue for 2021. As discussed, it is my proposal that the...