77. Deputy Jack Chambers asked the Minister for Finance if his attention has been drawn to an issue that is affecting some first-time buyers who have already placed deposits in full on new build homes which are not yet completed but still qualify for the help-to-buy scheme retrospectively, whereby the developer delays passing on the relevant information to the Revenue Commissioners to have part of the deposit released back to the first-time buyer; if his attention has been further drawn to the distress such delays are causing such first-time buyers who require the portion of the deposit to be returned to cover the cost of other aspects of the house buying process; the measures he proposes to introduce to ensure developers undertake the necessary actions to ensure first-time buyers receive their refund in a timely and prompt manner; and if he will make a statement on the matter. [2404/17]

Summary

77. Deputy Jack Chambers asked the Minister for Finance if his attention has been drawn to an issue that is affecting some first-time buyers who have already placed deposits in full on new build homes which are not yet completed but still qualify for the help-to-buy scheme retrospectively, whereby the developer delays passing on the relevant information to the Revenue Commissioners to have part of the deposit released back to the first-time buyer; if his attention has been further drawn to the distress such delays are causing such first-time buyers who require the portion of the deposit to be returned to cover the cost of other aspects of the house buying process; the measures he proposes to introduce to ensure developers undertake the necessary actions to ensure first-time buyers receive their refund in a timely and prompt manner; and if he will make a statement on the matter. [2404/17]

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• Help-To-Buy Scheme Administration

  xml · EN · 19 January 2017

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