Minister says ‘no inflationary impact’ of First Home Scheme

Fianna Fáil senate housing spokesperson Mary Fitzpatrick, Housing Minister Darragh O’Brien and First Home Scheme chief executive Michael Broderick. Picture: Cillian Sherlock/PA

The minister for housing has rejected the assertion that the Government’s shared-equity programme for first-time buyers is inflationary, as the First Home Scheme (FHS) announced it had provided about 500 facilities since it launched last year.

The FHS is an affordable housing scheme designed to support people buying new homes.