Written answers
Tuesday, 17 April 2018
Department of Housing, Planning, and Local Government
Home Loan Scheme
Robert Troy (Longford-Westmeath, Fianna Fail)
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1625. To ask the Minister for Housing, Planning, and Local Government further to Parliamentary Questions Nos. 636 and 642 of 27 March 2018, if continuous employment as outlined on the website refers to full-time contious employment but not considered permanent employment. [16633/18]
Eoghan Murphy (Dublin Bay South, Fine Gael)
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The Rebuilding Ireland Home Loan is targeted at first-time buyers who wish to own their own home, have access to an adequate deposit and have the capacity to repay a mortgage, but who are unable to access a mortgage sufficient for them to purchase their first home. As with the previous local authority loan offerings, the Rebuilding Ireland Home Loan is available to first-time buyers only, to ensure the effective targeting of limited resources.
The primary earner on the application must have at least two years' continuous employment and the second applicant must have continuous employment for at least one year. Both self-employment and employment with a number of different employers can be counted as part of this continuous employment.
Full details of the loan’s eligibility criteria and other information are available from the dedicated Rebuilding Ireland Home Loan website .
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