Catherine Murphy (Kildare North, Social Democrats)
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82. To ask the Minister for Finance the number of help-to-buy grant approvals on a monthly basis since the scheme was launched up to 29 June 2018; the number of drawdowns in this regard since the scheme was introduced to 29 June 2018; and if he will make a statement on the matter. [29719/18]

Paschal Donohoe (Dublin Central, Fine Gael)
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I assume that the Deputy is seeking the number of applications received, the number of applications that reached claim stage and the number of claims approved under the Help to Buy (HTB) scheme, since its inception in July 2016.

There are two stages involved in the Help to Buy Incentive process. Stage 1 is the application stage, wherein prospective applicants can query whether they qualify for the incentive. They can also get clarity on the maximum amount of rebate they could potentially benefit from, based on their tax paid in a four-year period. Stage 2 is the claims stage, wherein applicants that decide to proceed with purchasing or building a qualifying property must provide documentary evidence of the relevant property transaction or their mortgage draw down.

I am advised by Revenue that the monthly breakdown of this data is as set out in the following tables.

Applications Received

Reached Claim Stage

Number of Claims Approved