A quarter of approvals were for homes in Dublin, with 15% in Kildare and 14% in Cork, while average purchase price under the scheme was €379,000
More than 4,000 buyers have availed of the Government’s scheme designed to aid first-time purchasers, the latest update has shown.
The latest update shows an increase in the scheme’s usage during the first quarter of the year, with 262 homes bought in the period January to March, 2024 compared to 120 in the same quarter a year earlier.The number of new applications has also grown in the first three months of the year, rising 49 per cent to 927 compared to 623 in 2023.
The average purchase price for houses under the scheme is €379,000, with around €67,000, or 17 per cent, expected to be provided by the scheme on average. The scheme was extended in April last year to renters who want to buy their home from a landlord, and in September to include those who wanted to build their own homes.
“The level of approvals for the scheme is continuing to grow each week and more and more people are getting the keys to their home through the support of the scheme,” he said.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
More frustration for Kane as Bayern suffer first home loss to Dortmund in a decadeThe England striker had a goal ruled out for offside while Bayer Leverkusen went 13 points clear at the top.
Read more »
Woman immediately pulls out of buying first home after spotting 'huge red flag' in gardenIt's man stuff
Read more »
Over 1,500 homes bought using First Home Scheme so farA total of 4,005 buyers have been approved and 1,517 homes already bought using the First Home Scheme, new figures show today.
Read more »
Shane and Marty's Dublin terrace home makes final of Home of the YearJudges Amanda Bone, Hugh Wallace and Sara Cosgrave were in agreement that this terrace home in Dublin's city centre not only looked great but was highly functional too
Read more »
RTE Home of the Year judges Amanda and Hugh clash on colourful Louth homeHugh Wallace, Amanda Bone, and Sara Cosgrave judged three stunning homes on this week's episode but one was subject of debate
Read more »
Judges Clash Over Bright and Colourful Home on RTÉ Home of the YearRTÉ Home of the Year judges Amanda and Hugh were at odds with each other when it came to a bright and colourful home on Tuesday night’s episode. Two of the judges clashed over a colourful and eclectic Louth home.
Read more »