Niall Collins (Limerick County, Fianna Fail)
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197.To ask the Minister for Finance further to Parliamentary Question No. 183 of 7 December 2023, if any further consideration has been given to this issue; and if he will make a statement on the matter. [25436/24]

Michael McGrath (Cork South Central, Fianna Fail)
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In relation to the Deputy's query about the of lowering the LTV ratio for the Help to Buy Scheme, the position remains as set out in my answer to Parliamentary Question no. 183 of 7 December 2023 and my answer to Parliamentary Question No. 218 of 16 April 2024 and I have no plans to change the LTV ratio as proposed.

Notwithstanding this, it should 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.