Written answers
Tuesday, 16 June 2020
Department of Housing, Planning, and Local Government
Home Loan Scheme
Eoin Ó Broin (Dublin Mid West, Sinn Fein)
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1051. To ask the Minister for Housing, Planning, and Local Government the average approval offering by each local authority of the 1,550 Rebuilding Ireland home loan approvals made in 2018; the number of loans drawn down in each local authority; and the average amount of the drawn down loans in tabular form. [10592/20]
Eoghan Murphy (Dublin Bay South, Fine Gael)
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My Department publishes information on the overall number and value of (i) local authority loan approvals and (ii) local authority loan drawdowns in 2018. Local authority approval means that an official letter of offer has been sent to a borrower (and therefore relates to a specific property and loan amount).
Information on the Rebuilding Ireland Home Loan for 2018 can be found on my Department's website at the following link - www.housing.gov.ie/housing/statistics/house-prices-loans-and-profile-borrowers/local-authority-loan-activity.
The information can be found under local authority loans approved and local authority loans paid. These figures are not detailed by loan type although the vast majority relate to Rebuilding Ireland Home Loans. In addition loan approvals are not broken down by local authority.
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