Tuesday, 12 March 2019

Questions (729)

Lisa Chambers

Question:

729. Deputy Lisa Chambers asked the Minister for Housing, Planning and Local Government the average wait time for approval for an applicant to the Rebuilding Ireland home loan scheme from the time the application is submitted to the local authority. [12351/19]

View answer

Written answers (Question to Housing)

My Department does not routinely collect the information referred to.  However, towards the end of last year, for the purposes of a review of the operation of the Rebuilding Ireland Home Loan scheme that has been undertaken by my Department, a request was made to a number of local authorities for information regarding processing times for loan applications.  Based on the information from those local authorities, and from the Housing Agency with regard to its assessment of applications, it is estimated the average time taken to process applications last year was seven weeks. This is in line with the expected timeframe of 6-8 weeks as set out on the RIHL website.