Michael McGrath (Cork South Central, Fianna Fail)
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I am advised by Revenue that the situation has not changed in regards to the Help to Buy application in question no. 183 of 7 December 2023.

In relation to the Deputy's query about the of lowering the LTV ratio for the Help to Buy Scheme, the position also remains as set out in my answer to Parliamentary Question no. 183 of 7 December 2023 and I have no plans to change the LTV ratio as proposed.

Notwithstanding this, it should also be noted that decisions regarding taxation measures are usually made in the context of the annual Budget and Finance Bill process and at the appropriate time. Such decisions also must have regard to the sound management of the public finances and my Department's Tax Expenditure Guidelines.

I will continue to work with my cabinet colleagues to ensure that any further interventions in the housing market are appropriately calibrated, represent the best use of scarce public resources and boost the supply of housing in both the public and private sectors.