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Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (5 May 2021)

Brendan Smith: 287. To ask the Minister for Housing, Planning, and Local Government his plans to reduce the 10% deposit requirement for the Rebuilding Ireland home loan given that this is causing serious difficulty for potential applicants who have high rental costs at present; and if he will make a statement on the matter. [22793/21]

Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (5 May 2021)

Darragh O'Brien: 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 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. More details of this are set out in the FAQ's...

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