Written answers
Thursday, 19 November 2015
Department of Environment, Community and Local Government
Mortgage Data
Michael McGrath (Cork South Central, Fianna Fail)
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240. To ask the Minister for Environment, Community and Local Government the number and value of mortgage loans issued under the home choice loan scheme for first-time buyers by year and by local authority in tabular form; and if he will make a statement on the matter. [41108/15]
Alan Kelly (Tipperary North, Labour)
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The information requested in relation to Home Choice Loans is set out in the table below. No Home Choice Loans have been issued to date in 2015. A Home Choice Loan is a mortgage for First Time Buyers and is provided nationwide by four designated/regional Local Authorities: Dublin City Council; Cork City Council; Kilkenny County Council; and Galway County Council. It is available through authorised mortgage brokers.
2009 | 2010 | 2011 | ||||
---|---|---|---|---|---|---|
Local Authority | Total value of loans HC issued | No. of loans | Total value of HC loans issued | No. of loans | Total value HC of loans issued | No. of loans |
Cork City | €364,700 | 2 | €361,100 | 2 | €143,400 | 1 |
Dublin City | €230,000 | 1 | €744,280 | 3 | €410,875 | 2 |
Galway | ||||||
Kilkenny | €207,000 | 1 | €100,000 | 1 | ||
Grand Total | €801,700 | 4 | €1,205,380 | 6 | €554,275 | 3 |
2012 | 2013 | 2014 | 2019-2014 | |||||
---|---|---|---|---|---|---|---|---|
Local Authority | Total value of HC loans issued | No. of loans | Total value of HC loans issued | No. of loans | Total value of HC loans issued | No. of loans | Total value of HC loans issued | No. of loans |
Cork City | €193,200 | 1 | €1,062,400 | 6 | ||||
Dublin City | €483,200 | 3 | €276,000 | 1 | €318,000 | 2 | €2,462,355 | 12 |
Galway | €100,000 | 1 | €100,000 | 1 | ||||
Kilkenny | €307,000 | 2 | ||||||
Grand Total | €776,400 | 5 | €276,000 | 1 | €318,000 | 2 | €3,931,755 | 21 |
Michael McGrath (Cork South Central, Fianna Fail)
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241. To ask the Minister for Environment, Community and Local Government the number and value of local authority housing loans issued since 2010 by year and by local authority in tabular form; and if he will make a statement on the matter. [41109/15]
Alan Kelly (Tipperary North, Labour)
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My Department publishes a wide range of housing statistics, including the number and value of local authority mortgages. The statistics are available on my Department’s website at by clicking “Mortgage Data/Arrears by Local Authority” under the Housing Loans contents. The data illustrates a gradual reduction in the local authority housing loan book.
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