Peadar Tóibín (Meath West, Aontú)
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243. To ask the Minister for Finance the interest rate charged by Home Building Finance Ireland for each of the past five years; and if there are multiple rates, if he will detail these rates and the volumes loaned under these rates for each of the past five years. [44012/24]

Jack Chambers (Dublin West, Fianna Fail)
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As the Deputy will be aware, Home Building Finance Ireland ('HBFI') was established to increase the supply of new homes for owner-occupiers, renters and social housing by providing funding on commercial terms to house builders for commercially viable developments throughout Ireland.

HBFI lending is therefore on commercial terms, in line with other residential finance providers in the market. The interest rates on facilities provided by HBFI comprise a margin over 3-month Euribor, with that margin based on the risk profile of each individual facility.

While details regarding interest rates charged on each individual facility is commercially sensitive, HBFI’s margins generally range from 4.5% - 7.5% (over 3-month Euribor) and are published on the HBFI website. See details available at the following link for details - www.hbfi.ie/products