Tuesday, 17 September 2019

Questions (680)

Brendan Griffin


680. Deputy Brendan Griffin asked the Minister for Housing, Planning and Local Government if he will remove or increase the restriction of 175 square metres in respect of the Rebuilding Ireland home loan; and if he will make a statement on the matter. [37530/19]

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Written answers (Question to Housing)

As with the previous local authority house purchase loan offerings, the properties that may be purchased with a Rebuilding Ireland Home Loan must have a gross internal floor area of 175 square metres or less, which is equivalent to 1,884 square feet.  This property size limit more than adequately provides, in terms of property size, for the range of accommodation needs of first time buyers and I have no plans, at this time, to revisit this provision.