Written answers

Tuesday, 6 February 2018

Department of Housing, Planning, and Local Government

Home Loan Scheme

Photo of Aindrias MoynihanAindrias Moynihan (Cork North West, Fianna Fail)
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658. To ask the Minister for Housing, Planning, and Local Government if the Rebuilding Ireland home loan will be available to persons who are housed by voluntary housing agencies but want to buy another house. [6082/18]

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael)
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Following a review of the two existing local authority home loan schemes, the House Purchase Loan and the Home Choice Loan, I have introduced from 1 February 2018, a new loan offering, known as the Rebuilding Ireland Home Loan. The new loan will enable credit worthy first time buyers to access sustainable mortgage lending to purchase new or second-hand properties in a suitable price range.

Full details of the loan's eligibility criteria and other information is available from the dedicated Rebuilding Ireland Home Loan website, Any person who meets the eligibility criteria may apply for a loan regardless of their current housing situation, including if they are currently occupying a house owned by a voluntary housing agency.

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