COMHAIRLE CONTAE ÁTHA CLIATH THEAS
SOUTH DUBLIN COUNTY COUNCIL

South Dublin County Council Crest

MEETING OF SOUTH DUBLIN COUNTY COUNCIL

Monday, September 12, 2022

QUESTION NO. 5

QUESTION: Councillor T. Costello

To ask the Chief Executive how many Local Authority Mortgages have been approved in the past 6 months broken down by month

REPLY:

From 4th January 2022, a new Local Authority Home Loans Scheme (LAHL) replaced the previous Rebuilding Ireland Home Loan (RIHL) for the purchase of new or second-hand homes and self-builds, although applications for RIHL received prior to this date were also processed and assessed.

Since January 2022, a combined total of thirty-nine (39) mortgages totalling €8,709,904 have been approved under these schemes as follows:

  RIHL LAHL
Month No. Approved Amount No. Approved Amount
January 2022 0 €0 0 €0
February 2022 5 €1,069,721 0 €0
March 2022 4 €783,948 4 €865,220
April 2022 0 €0 2 €450,000
May 2022 2 €519,900 8 €1,949,216
June 2022 0 €0 12 €2,587,899
July 2022 0 €0 2 €484,000
Totals 11 €2,373,569 28 €6,336,335

Further information on the LAHL scheme is available at www.localauthorityhomeloan.ie