Dáil Éireann - Volume 229 - 20 June, 1967

Ceisteanna—Questions. Oral Answers. - House Purchase Allowances.

Mr. Dowling Mr. Dowling

66. Mr. Dowling asked the Minister for Local Government the maximum allowances by way of rate relief and grants available under the Housing Acts for a person purchasing a new house.

Mr. Boland Mr. Boland

Mr. Boland: The maximum allowances by way of grants and rate remission for person purchasing a new house vary with the size of the house, its situation and the income of the purchaser.

For a house in a rural area, they could amount to about £1,190 made up as follows:—

For a house in an urban area, the maximum allowances could amount to about £1,000, including State and supplementary grants of up to £570 and the new site subsidy of up to £150.

705

The reduction in stamp duty from 3 per cent to 1 per cent for new houses [705] for which a State grant is paid is not included in these calculations. The value of the concession, where it applies, would be about £70 on a house costing £3,500.

Dáil Éireann 229 Ceisteanna—Questions. Oral Answers. House Purchase Allowances.

Questions

19670620