Dáil Éireann Debate, Tuesday - 25 September 2018
516. Deputy Catherine Martin asked the Minister for Housing, Planning and Local Government the reason the initial practice of enabling members of the public to transfer approval under the Rebuilding Ireland home loan scheme between local authorities was altered to now require applicants to make repeat applications in each local authority area in which they are considering buying a dwelling. [38346/18]
Amharc ar fhreagra517. Deputy Catherine Martin asked the Minister for Housing, Planning and Local Government his plans to enable persons that have been approved for a Rebuilding Ireland home loan from one local authority to draw it down from another authority (details supplied). [38347/18]
Amharc ar fhreagraI propose to take Questions Nos. 516 and 517 together.
As with the previous local authority home loan offerings, loan applications under the Rebuilding Ireland Home Loan are made directly to the local authority in whose area the property proposed for purchase is situated. This has always been part of the application process for the Rebuilding Ireland Home Loan since its launch and there has been no change in this regard.
Applications for the Rebuilding Ireland Home Loan cannot be transferred between local authorities as the final decision on whether to approve a loan application is made by the credit committee in each area. This decision is taken in accordance with the regulations, having regard to the recommendations made by the Housing Agency.
