Cabinet approves increase to Local Authority Home Loans in Galway by €20,000

Cabinet has approved an increase of €20,000 to local authority home loans in Galway.

From March 1st, the home price limit for first time buyers in the city and county will be €330,000.

Income limits and house prices are set to increase for people who want to avail of a home-loan from their local authority.

Fine Gael housing spokesperson Senator John Cummins says it's a positive move for those with single incomes: