State mortgage scheme offers genuine help to ‘squeezed middle’

Critics have misrepresented the new Rebuilding Ireland Home Loan initiative

28th January, 2018
Minister for Housing, Eoghan Murphy

Following the announcement of the Rebuilding Ireland Home Loan by the Minister for Housing, Eoghan Murphy, last week, a number of specific concerns have been raised by various commentators and market analysts who are questioning the cost to the government of the product. Critics claim the new home loan merely represents a change of interest rate to the existing local authority home loans, complain that it does not address the main issue of the supply...

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