Finance Bill 2022: Committee Stage
Seanad Éireann — 2022-12-07
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Fintan Warfield (SF), Cultural and Educational Panel

The Minister said that a minority of property transactions in the State involve people availing of the help-to-buy scheme. Since its introduction in 2016, the scheme has cost €603 million. That is more than half a billion euro and represents a significant cost to the State. While it involves a small number of transactions, I know that in previous years some 40% of those who benefited from the scheme already had the required deposit for a mortgage. Does the Minister have to hand any up-to-date numbers in that regard? In 2020, 40% of those who benefited from the scheme already had the required deposit. Has the Minister any data on that from more recent years?

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/seanad/2022-12-07/debate/main
Retrieved: 2026-08-14T04:51:23+00:00
Sitting date: 2022-12-07