Dáil Éireann Debate, Friday - 7 September 2018
1359. Deputy Jan O'Sullivan asked the Minister for Housing, Planning and Local Government if persons are considered to satisfy the eligibility criteria relating to employment for the Rebuilding Ireland home loan in circumstances in which the primary applicant is in continuous employment for more than two years and the secondary applicant is in continuous employment for more than one year; and if he will make a statement on the matter. [36076/18]
View answerThe Rebuilding Ireland Home Loan is targeted at first-time buyers who wish to own their own home, have access to an adequate deposit and have the capacity to repay a mortgage, but who are unable to access a mortgage sufficient for them to purchase their first home. As with the previous local authority loan offerings, the Rebuilding Ireland Home Loan is available to first-time buyers only. This is to ensure the effective targeting of limited resources.
As part of the eligibility requirements, the primary earner on the application must have at least two years' continuous employment (this can be self-employment) and the second applicant must have continuous employment for at least one year.
Full details of the loan’s eligibility criteria and other information is available from the dedicated Rebuilding Ireland Home Loan website - http://rebuildingirelandhomeloan.ie/.
