Huge drop in State-backed loans for first-time buyers

Sinn Féin spokesperson on housing Eoin Ó Broin. Picture: Gareth Chaney/Collins

Applications and approvals for State-backed home loans have fallen by almost 50% this year.

Sinn Féin housing spokesperson Eoin Ó Broin has sounded his concern around the slump in both the number of applications and approvals for the Government's Rebuilding Ireland home loan scheme in the first nine months of 2020 compared to the same period last year.