Help to Buy Scheme for First Time Buyers

Help to Buy Scheme for First Time Buyers Since January 2017  – first time buyers in Ireland have been able to claim a tax rebate equal to 5% of the value of the new home they are buying.  The Help to Buy Scheme or “HTB” Scheme is also being called the “First Time Buyers Grant”. […]
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Affordable Mortgages – Rebuilding Ireland

A new government backed mortgage scheme – the “Rebuilding Ireland Home Loan”  (RIHL)  started on February 1st 2018. Some people are calling it the “affordable mortgages scheme” This RIHL will provide mortgages at reduced interest rates to first-time buyers who have been refused a mortgage or were offered “insufficient” finance, by at least two lenders.  […]
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Stamp Duty Rates on Property in Ireland

Stamp Duty Rates in Ireland 2019 After the changes in the 2011 Budget – any exemptions on Stamp Duty for house purchases were removed. All house purchases in Ireland are now liable for stamp duty. Stamp Duty Rates  on Property Perchases in Ireland    (Residential Property) 1% on properties valued under 1 Million Euro 2% on […]
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Bank of Ireland Mortgage Saver Account – €2000 Bonus

Bank of Ireland  launched an interesting regular savings account back in 2016 for first time buyers called the “Mortgage Saver “.  It originally started with just a 10% bonus – but later it was amended and now savers can get a free bonus of €2000 on a deposit of just €5000. This account is still […]
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Renting or Buying a House – Cost Comparison

Over the long term – property prices have usually risen in the past  and may well do so in the future. In the current declining property market would you be worse off or better off renting a house rather than buying? Here are some figures for buying versus renting based on different scenarios over a […]
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