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

Alan Farrell: 44. To ask the Minister for Housing, Planning, and Local Government the impact the reduced interest rate for local authority mortgages under the Rebuilding Ireland home loan has had since its introduction in September 2021; and if he will make a statement on the matter. [55110/21]

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

Darragh O'Brien: As part of Housing for All, I announced a reformed successor to the Rebuilding Ireland Home Loan Scheme (RIHL), the 'Local Authority Home Loan'. On 10 September 2021, I also announced a reduction of the mortgage interest rate for new borrowers of the Rebuilding Ireland Home Loan by 0.25%. This lower rate will be retained for mortgages issued under the forthcoming Local...

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