Dáil Éireann Debate, Thursday - 8 September 2022
401. Deputy Eoin Ó Broin asked the Minister for Finance the number of applications for the help-to-buy scheme; the number of approvals for the scheme; the drawdowns for the scheme for each year since the scheme was launched, with monetary amounts for each category, in tabular form. [43634/22]
Amharc ar fhreagraI am advised by Revenue that annual statistics on the Help to Buy (HTB) scheme are published on the Revenue website at www.revenue.ie/en/corporate/information-about-revenue/statistics/tax-expenditures/htb/htb-yearly.aspx. In addition, monthly statistics are also available and published at www.revenue.ie/en/corporate/information-about-revenue/statistics/tax-expenditures/htb/htb-monthly.aspx.
Applications for HTB may be made on a provisional basis as first time buyers will want to have certainty as to their entitlements in advance of commencing the purchase of a property. An application will only progress to the final “claim” stage if and when the applicant decides to purchase a property that is eligible for the scheme. The number of Applications (excluding cancelled applications), the number of Claims reaching Claim Stage, and the number of Claims that reached Claim Stage and were approved, are set out in the following table, as well as the cost of total Claims and Approved Claims in each year.
|
- |
Number of Applications |
Number of Claims (Approved and Pending) |
Number of Approved Claims |
Value of Approved and Pending Claims (€m) |
Value of Approved Claims (€m) |
|
2017 |
7,945 |
5,321 |
5,190 |
75.7 |
74.8 |
|
2018 |
7,988 |
5,006 |
4,960 |
74.1 |
73.7 |
|
2019 |
10,847 |
6,645 |
6,569 |
101.3 |
100.6 |
|
2020 |
13,242 |
6,155 |
6,085 |
123.2 |
122.4 |
|
2021 |
21,807 |
7,755 |
7,669 |
193.7 |
192.4 |
|
2022 |
24,923 |
4,791 |
4,296 |
125.5 |
113.3 |
|
Total |
86,752 |
35,673 |
34,769 |
693.5 |
677.2 |
