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Home Loan Scheme

Dáil Éireann Debate, Tuesday - 16 June 2020

Tuesday, 16 June 2020

Questions (1051)

Eoin Ó Broin

Question:

1051. 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 2018; the number of loans drawn down in each local authority; and the average amount of the drawn down loans in tabular form. [10592/20]

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Written answers

My Department publishes information on the overall number and value of (i) local authority loan approvals and (ii) local authority loan drawdowns in 2018. 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 2018 can be found on my Department's website at the following link - www.housing.gov.ie/housing/statistics/house-prices-loans-and-profile-borrowers/local-authority-loan-activity.

The information can be found under local authority loans approved and local authority loans paid. These figures are not detailed by loan type although the vast majority relate to Rebuilding Ireland Home Loans. In addition loan approvals are not broken down by local authority.

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