Majority Of Clare Applications For Rebuilding Ireland Loan Scheme Are Declined

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Fewer than half of Clare applicants for a home loan scheme designed to assist first time buyers have been given the green light.

There have been 82 applications to Clare County Council for money under the government-backed Rebuilding Ireland Home Loan, which can be used by first-time buyers to purchase a home.

However, only 35 have been recommended for approval, according to figures released to the Dáil by Housing Minister Eoghan Murphy.

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52% of applications nationwide have been recommended for approval.