Update: Home loan scheme has not been frozen, says Eoghan Murphy

Latest: The Housing Minister has denied that a Government-backed mortgage fund has been frozen.

Update: Home loan scheme has not been frozen, says Eoghan Murphy

Update 3.15pm: The Housing Minister has denied that a Government-backed mortgage fund has been frozen.

The Rebuilding Ireland Home Loan scheme allows first-time buyers who have been turned down by the banks, to apply for a mortgage from their local authority.

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