Written answers
Thursday, 9 November 2017
Department of Finance
Help-To-Buy Scheme Eligibility
Peadar Tóibín (Meath West, Sinn Fein)
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44. To ask the Minister for Finance if persons (details supplied) qualify for the help-to-buy scheme for their self-build home. [47345/17]
Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that in accordance with the legislation governing the operation of the Help to Buy (HTB) scheme, one of the criteria to be met to qualify for the scheme is that the loan-to-value ratio in respect of a claim shall not be less than 70 per cent. As the loan to value ratio for the person concerned is less than 70 per cent, the application does not meet the conditions required to qualify for HTB. Revenue has no discretion to vary the terms of the scheme in this regard.
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