Written answers
Thursday, 20 September 2012
Department of Environment, Community and Local Government
Local Authority Housing Mortgages
Éamon Ó Cuív (Galway West, Fianna Fail)
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To ask the Minister for Environment, Community and Local Government if the rules in relation to the maximum size of property elligible under the home choice loan scheme is absolute in all cases or whether there are any exceptions allowed; and if he will make a statement on the matter. [39894/12]
Éamon Ó Cuív (Galway West, Fianna Fail)
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To ask the Minister for Environment, Community and Local Government the number of approvals given to date under the home choice loan scheme; the number of loans paid out to date; and if he will make a statement on the matter. [39895/12]
Jan O'Sullivan (Limerick City, Labour)
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I propose to take Questions Nos. 147 and 148 together.
Details relating to the maximum size of property eligible under the Home Choice Loan are set out in the Housing (Home Choice Loan) Regulations 2009. These specify that loans may not be made available for the purchase or construction of a house where the total floor area of the house is, or would exceed, 175 square metres. This is a general eligibility criterion which applies to all applications.
The following table sets out the position in relation to activity under the Home Choice Loan scheme.
- | 2009 | 2010 | 2011 | 2012 | Total |
---|---|---|---|---|---|
Approvals | 4 | 6 | 3 | 5 | 18 |
Loans drawn down | 4 | 6 | 3 | 2 | 15 |
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