Written answers
Tuesday, 21 July 2020
Department of Finance
Help-To-Buy Scheme
Eoin Ó Broin (Dublin Mid West, Sinn Fein)
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182. To ask the Minister for Finance the number of help-to-buy grant applications received; the number of applications that reached claim stage; and the number of claims approved under the help to buy scheme in quarters 1 and 2 of 2020. [16554/20]
Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised that Revenue publishes a monthly update on the Help to Buy (HTB) scheme on the Revenue website. The most recent update to 30 June 2020 in respect of applications, both approved and pending, and claims made can be found at:
Revenue’s statistics in respect of the current year show the total number of applications received at 42,072. Applications will progress to the claim stage only if the applicant decides to purchase a property that is eligible for the scheme. Many applications may never progress to the claim stage because the applicant does not purchase a property or purchases a property not eligible for the scheme.
To-date, since the start of the scheme, 19,478 HTB claims have been made, of which 18,899 are approved.
The following table sets out the number of claims made and approved in Q1 and Q2 of 2020:
Month | Claims Made | Claims Approved |
---|---|---|
Jan-20 | 279 | 340 |
Feb-20 | 536 | 492 |
Mar-20 | 689 | 673 |
Apr-20 | 288 | 293 |
May-20 | 250 | 287 |
Jun-20 | 374 | 405 |
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