Written answers

Thursday, 8 March 2018

Department of Housing, Planning, and Local Government

Home Loan Scheme

Photo of Niamh SmythNiamh Smyth (Cavan-Monaghan, Fianna Fail)
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665. To ask the Minister for Housing, Planning, and Local Government the number of expressions of interest his Department has received for the Rebuilding Ireland home loan scheme in each county in tabular form; and if he will make a statement on the matter. [11469/18]

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, a new loan offering, known as the Rebuilding Ireland Home Loan, was introduced on 1 February 2018.

As with the previous local authority home loan offerings, the Rebuilding Ireland Home Loan is a local authority product and loan applications are made directly to the local authority in whose area the property proposed for purchase is situated.My Department does not collect information on the number of enquiries to local authorities regarding the loan or on the number of complete loan applications received by local authorities.

As is currently the case, my Department will continue to publish information on the overall number and value of (1) local authority loan approvals and (2) local authority loan drawdowns on its website at the following link

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This information is currently updated to end Q3 2017; Q4 data will be published shortly.

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