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Home Loan Scheme

Dáil Éireann Debate, Wednesday - 3 June 2020

Wednesday, 3 June 2020

Questions (1227)

Eoin Ó Broin

Question:

1227. Deputy Eoin Ó Broin asked the Minister for Housing, Planning and Local Government the average approval offering by each local authority of the 1,550 Rebuilding Ireland home loan approvals made in 2019; the number of loans drawn down in each local authority; and the average amount of the drawn down loans in tabular form. [9057/20]

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Written answers

My Department publishes information on the overall number, value and average values of (i) local authority loan approvals and (ii) local authority loan drawdowns. Local authority approval means that an official letter of offer has been sent to a borrower (and therefore relates to a specific property and loan amount).

Information on the Rebuilding Ireland Home Loan for 2019, including the number and value of mortgage approvals and drawdowns, as well as average loan amounts, are available on my Department's website at the following link:

https://www.housing.gov.ie/housing/statistics/house-prices-loans-and-profile-borrowers/local-authority-loan-activity.

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