There are a number of supports available to assist first-time buyers in purchasing a new home. Depending on your situation, you might qualify for one or more of the following government incentives:
Help to Buy (HTB) Scheme:
Under the Help to Buy (HTB) Scheme, first-time buyers in Ireland can claim up to 10% of the value of their property, which may amount to a maximum of €30,000. This initiative is designed to assist first-time buyers in accumulating the necessary deposit for acquiring or constructing a qualifying residential property. We are pleased to confirm that Bregawn Homes in Cashel, Co. Tipperary is approved under the Help to Buy scheme.
For more information, please read our frequently asked questions pertaining to the HTB scheme.
First Home Scheme:
First-time buyers may qualify for the government’s First Home Scheme, which is a shared equity scheme providing up to 30% of the price of a new home. You might be able to utilize this scheme alongside the Help to Buy incentive, but there are strict limits regarding property prices and mortgage amounts. Learn more about the First Home Scheme here: https://www.firsthomescheme.ie/product-type/new-build-private-development. You can check out their eligibility calculator here: https://www.firsthomescheme.ie/eligibility-calculator/
Here’s a video explaining how the First Home Scheme works:
For more information, check out: https://www.firsthomescheme.ie/product-type/new-build-private-development
