Woodbrook homes are perfect for first time buyers and are eligible for both the Help to Buy (HTB) and The First Home Scheme (FHS). Please scroll down to find out more.
The Help to Buy (HTB) scheme is an incentive for first-time property purchasers. It will help you with the deposit you need to purchase or self-build a new house or apartment.
The Help to Buy Scheme is a government initiative designed to help First Time Buyers raise the deposit needed to purchase a new house or apartment. Under the initiative, you can receive a tax rebate on income and deposit interest retention tax (DIRT) that has been paid over the last 4 years up to a value of €30,000.
The First Home Scheme (FHS) is a partnership between the Government and participating lenders to
help first-time buyers and other eligible homebuyers bridge the gap between their deposit and mortgage, and the price of their new home. This is a shared equity scheme meaning that eligible homebuyers will receive funds from the FHS in return for the FHS taking an equity share in the ownership of their property. The option to buy out the equity share is available. (T&Cs apply). The FHS can fund up to 30% of the market value of your new property or 20% if you also avail of the Help to Buy Scheme.
For more information on The First Home Scheme visit: www.firsthomescheme.ie
