Dáil Éireann Debate, Wednesday - 25 October 2017
280. Deputy Paul Kehoe asked the Minister for Housing, Planning and Local Government the exceptions to a first time buyer condition in relation to a home choice loan; and if he will make a statement on the matter. [45192/17]
View answerLocal authority house purchase loan finance continues to be made available to first time buyers only, for the acquisition of houses or for the construction of new houses. The Housing (Home Choice Loan) Regulations 2009 which underpin the Home Choice Loan scheme are clear in this regard.
I have no plans, at this time, to alter the Regulations in respect of their application to first time buyers only. This is to ensure effective targeting of limited resources.
The option currently available for non-first time buyers is to seek home loan facilities from one of the commercial lending institutions.
