On Air Now East Coast FM 3:30AM - 6:00AM Email
Now Playing Nothing Rhymed Gilbert O'sullivan

Government Scheme Allowing County Councils To Lend Money To First Time Buyers Runs Out Of Funding

The Rebuilding Ireland Home Loan was launched in February 2018.

The scheme allows County Councils to lend money to first time buyers who have already been refused a mortgage twice. 

200 million euro was set aside for the programme to be lent over a three year period.

However despite only being launched last February, no more money is in the pot for further applications. 

The Department of Housing says the Rebuilding Ireland Home Loan has proved more successful that anticipated and as a result a further tranche of funds would need to be borrowed from the Housing Finance Agency to enable it to continue. 

It says it's currently in discussions with the Department of Finance to try work out an extension to the scheme. 

More from Wicklow News


  • Rob & Laura

    6:00am - 10:00am

    They’re like your best friends, just having a chat over a cuppa, a laugh and providing great craic! There’s fantastic contests, a host of segments like ‘Listopia’ and ‘The Word on Entertainment’ all played out against a backdrop of the best mu

  • Declan Meehan

    10:00am - 12:00pm

  • Tommy Greene

    12:00pm - 4:00pm

    Tommy Greene with More Music Variety

Co Wicklow Weather

  • Bray

    Sunny intervals

    High: 12°C | Low: 9°C

  • Wicklow

    Sunny intervals

    High: 12°C | Low: 9°C

  • Arklow

    Sunny intervals

    High: 13°C | Low: 8°C

  • Blessington

    Sunny intervals

    High: 12°C | Low: 8°C

  • Baltinglass

    Sunny intervals

    High: 12°C | Low: 7°C

Listen Live