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Mortgage Line Blog, for the latest property and mortgage news

First Time Buyer Help to Buy Scheme

Posted on by Stephen Hamilton

The Help to Buy Scheme is now accepting applications from First Time Buyers.Help to Buy

The government scheme announced in Budget 2017, provides a refund of tax paid over the last 4 years to First Time Buyers who are purchasing a new home. Up to 5% of the purchase price is available to First Time Buyers purchasing new homes, subject to some restrictions.

For further details about the Help to Buy Scheme and how to apply please click the following link to the revenue.ie website.

Help to Buy Incentive Details

You will  need to register for a revenue.ie myaccount or a ROS account as applicable (if you do not already have one). You must file online your form 12 ( if paye) or form 11 ( if self-assessed) for the most recent 4 tax years so that your taxes are up to date.

Applications for new properties can be made as soon as you are sale agreed and have sale contract details.

Applications for properties purchased or self-built between 19 July 2016 and 31 December 2016 can also be processed from today, 3rd January 2017.

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First Time Buyer, Mortgage Interest Rates, Mortgages
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