Majority of approvals under First Home Scheme were for homes in Dublin, Cork, Kildare, Meath and Wicklow
Some 659 homes were bought with assistance from the Government’s First Home Scheme in the first six months of the year, according to an update from the Department of Housing, a “significant uplift” of more than 100 per cent from the same period last year.
Designed to help first-time buyers bridge the gap between their mortgage and the price of a new home, it involves the State and participating banks paying up to 30 per cent of the cost of a newly built home, in return for a stake in the property.Topping out takes place on first homes at Glass Bottle site
Dublin, meanwhile, remains the county with the most live approvals – one that has not expired or been withdrawn by the buyer – accounting for 27 per cent of the total followed by Cork with 15 per cent, Kildare with 14 per cent and Meath and Wicklow with 10 per cent a 9 per cent respectively. The other 21 counties accounted for a quarter of all approvals since 2022, the figures reveal.
Darragh-O-Brien Housing-Crisis
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.
Le Pen says she will seek to form government even if short of outright majorityFrench far-right party leader says she will look for allies if RN fails to secure 289 parliamentary seats on Sunday
Read more »
Majority of Irish people ‘do not trust the Government’A new study from the Central Statistics Office finds less than half of people say they trust the Government and the news media
Read more »
Keir Starmer elected British Prime MinisterAfter 14 years of Conservative rule, Britons have elected a Labour Government with a landslide majority.
Read more »
Is France set to have its first far-right government since the second world war?In the News podcast: Irish Times acting Europe Correspondent Jack Power on the first round of the French elections and what lies ahead on July 7th
Read more »
Labour government warns of dire UK finances as it begins first full week in officeChancellor of the exchequer Rachel Reeves gives her first speech at the Treasury
Read more »
Harland & Wolff crisis is new UK government’s first test of industrial policyBelfast shipbuilder in talks with British government on rescue plan
Read more »