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Written Answers — Department of Housing, Planning, and Local Government: Housing Schemes (5 Oct 2021)

Richard Bruton: 283. To ask the Minister for Housing, Planning, and Local Government when the new limits for the Rebuilding Ireland home loan scheme will come into effect; the gross income limit for single applicants and couples, respectively; and if changes will be made to the maximum loan to be issued. [47542/21]

Written Answers — Department of Housing, Planning, and Local Government: Housing Schemes (5 Oct 2021)

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: Housing Schemes (5 Oct 2021)

Richard Bruton: 284. To ask the Minister for Housing, Planning, and Local Government when the new interest rate will be in place for the Rebuilding Ireland home loan; the interest rate which will apply; the mortgage protection rate that will be charged; and the estimated monthly repayments on a €200,000 loan taken out over 30 years. [47543/21]

Written Answers — Department of Housing, Planning, and Local Government: Housing Schemes (5 Oct 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'. I also announced an interest rate reduction of 0.25% on local authority mortgage lending. As of 10 September 2021, the reduction of the mortgage interest rate for new borrowers by 0.25% has already been implemented. It currently applies to new...