Written answers
Thursday, 3 May 2018
Department of Finance
Help-To-Buy Scheme Data
Michael McGrath (Cork South Central, Fianna Fail)
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65. To ask the Minister for Finance the number of persons, as distinct from couples, who availed of the help-to-buy scheme in 2017 by ratios (details supplied); and if he will make a statement on the matter. [19523/18]
Michael McGrath (Cork South Central, Fianna Fail)
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66. To ask the Minister for Finance the number of couples who availed of the help-to-buy scheme in 2017 by ratios (details supplied); and if he will make a statement on the matter. [19525/18]
Paschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 65 and 66 together.
The Help-to-Buy scheme allows for multiple applicants to apply for relief on the same property, assuming that each applicant meet the conditions of the scheme. It is not a requirement that where there is more than one applicant that the applicants be married or in a civil partnership.
I am advised by Revenue that data on the marital status of the applicants is not available in the manner requested by the Deputy. However, it is possible to provide the requested breakdown on the basis of the number of applicants. I am further advised by Revenue that this data is not readily available for 2017 only, but is provided from the start of the scheme to the end of April 2018.
Loan-to-Value Ratio | 1 Applicant | 2 Applicants | 3 Applicants |
---|---|---|---|
70%-74.99% | 262 | 629 | 0 |
75%-79.99% | 169 | 646 | 0 |
80%-84.99% | 198 | 899 | 0 |
85%-89.99% | 297 | 1,534 | 0 |
90% & over | 342 | 1,915 | <10 |
Total | 1,268 | 5,623 | <10 |
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