Dáil Éireann Debate, Tuesday - 30 April 2013
405. Deputy Dessie Ellis asked the Minister for the Environment, Community and Local Government if he will provide a list of local authorities that were offering shared ownership schemes or mortgages broken down by the number that had interest rates between 0% and 1%, 1% and 2%, 2% and 3%, 4% and 5%, 5% and 6%, 6% and 7%, 7% and 8%, 8% and 9%, 9% and 10% and 10% and above, respectively. [20144/13]
View answerMy Department collates and publishes a wide range of housing statistics that inform the preparation and evaluation of policy and these data are available on my Department's website www.environ.ie.
While my Department collates data on shared ownership transactions broken down by local authority it does not collate the particular data sought.
Mortgages granted to local authority borrowers under shared ownership schemes are at variable interest rates which may vary from time to time based upon movements in interest rates in the wider money markets.
However, in the context of the standing down of all affordable housing schemes, including the shared ownership scheme, announced in the Government's 2011 housing policy, an analysis of the shared ownership scheme, including identification of the main difficulties and recommendations for mitigating measures, is presently being conducted by the Housing Agency.
