David Cullinane (Waterford, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

26. To ask the Minister for Finance if a person that purchases a new build with a local authority mortgage is eligible for the help-to-buy scheme if that new build matches all the criteria for the help-to-buy scheme; and if he will make a statement on the matter. [42501/17]

Paschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

In order to be successful, claims under the Help to Buy incentive must satisfy a range of criteria, including that the qualifying loan is secured by the mortgage of a freehold or leasehold estate or interest in, or a charge on, a qualifying residence or a self-build qualifying residence and that the loan is provided by a qualifying lender. In accordance with sections 477C and 244A(3)(e) of the Taxes Consolidation Act 1997, local authorities are qualifying lenders for the purposes of the Help to Buy Incentive.