Government planned to spend €200m on mortgage scheme in 3 years. It paid out €50m in just 3 months

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Minister Eoghan Murphy said this week that 'further significant funding' is coming but admitted there has been a 'lack of consistency' in how the loan scheme has been applied across local authorities in Ireland so far.

Minister for Housing Eoghan Murphy Image: Eamonn Farrell/Rollingnews.ie Minister for Housing Eoghan Murphy Image: Eamonn Farrell/Rollingnews.ie THE GOVERNMENT’S REBUILDING Ireland Home Loan scheme was launched in January 2018 with funding to the tune of €200 million over a three-year period to provide loans for first-time buyers.

The uncertainty over funding has left some prospective home buyers in doubt over whether they’ll be able to access the funds, and the lack of clarity over the future of the scheme has persisted since early March. It has also emerged in recent months that applicants to some individual councils were left in limbo as their application was put on hold pending confirmation of further funding from the government.

Only one local authority issued no loans in this period, and it was Cavan County Council. Similarly, no loans were approved in this period.

 

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Go away Eoghan. You haven’t a clue

This lad is a total joke chum of our usless leader jobfortheboys such a crucial post been filled by a complete waster

How is Eoghan Murphy still the Minister for Housing? 2 years later.

What a minister

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