Written answer
Departmental Schemes
832. Deputy Peter Roche asked the Tánaiste and Minister for Finance the number of applicants in Galway who were deemed ineligible for the help to buy scheme in each of the past five years due to not meeting the requirement that the mortgage constitute at least 70 per cent of the purchase price or approved valuation of the property; and if he will make a statement on the matter. [59169/26]
Comment on this
I am advised by Revenue that applications that do not meet eligibility criteria, and, as a result, do not proceed to application approval stage, are not recorded on Revenue systems.
The Deputy may also wish to note that applicants may apply and subsequently cancel their application multiple times in order to correct the application, for example, when amending from a single to joint application or including additional or fewer years. Furthermore, approved applications will automatically expire if the claim is not finalised on or before 31 December, for applications received between 1 January and 30 September, and on 31 March of the following year, for applications received between 1 October and 31 December.