You can apply for the HTB scheme if you are an eligible first-time buyer and a PAYE taxpayer.
You must not have previously purchased or built a house or apartment, either individually or jointly with any other person. All of the individuals involved in purchasing the home must be first-time buyers.
You must be tax compliant and if you are self-assessed you must also have eTax clearance.
Does my chosen property qualify?
For a property to qualify under the scheme it must be owner occupied. It must be a new build home and the construction must be subject to VAT in Ireland.
The purchase value of the property cannot be more than €500,000, for properties bought after January 1, 2017.
You must take out a mortgage on the property with a qualifying lender and this loan must be used solely for the purchase or building of the property. The loan to value ratio must be greater than 70%.
Find out more about Glenveagh Homes properties here.
To embed this post, copy the code below on your site
have your say