Supports
& schemes
Explore key government schemes designed to help first-time buyers and eligible homebuyers
Government support schemes for buying a home in Ireland
Buying a home in Ireland can be challenging, but several government schemes are available to assist you.
Buying a home in Ireland can be a challenging process, but several government schemes are available to assist first-time buyers and eligible homebuyers. Below is an overview of key support schemes, their benefits, and eligibility criteria.
Help to buy (HTB) scheme
First home scheme (FHS)
Local authority affordable purchase
Government backed mortgage
Help to buy (HTB) scheme
The help to buy (HTB) scheme is designed to assist first-time buyers in purchasing or self-building a new home by providing a tax rebate. This scheme helps with the deposit required to secure a mortgage, making homeownership more accessible for those who have been paying income tax in Ireland.
Key Features:
- Offers a tax refund of up to €30,000 or 10% of the property value (whichever is lower).
- Only applies to new builds or self-builds (not second-hand homes).
- Available to individuals who have paid income tax in Ireland in the past four year
First home scheme (FHS)
The first home scheme (FHS) is a shared equity scheme designed to help first-time buyers bridge the gap between their mortgage and the cost of purchasing a new home. The government takes an equity share in the property, which can be repaid later without immediate financial pressure.
Key Features:
- Provides an equity stake of up to 30% of the purchase price (or 20% if using the HTB Scheme).
- Available only for new-build homes.
- No rent or repayments required on the equity share while you live in the home.
Local authority affordable purchase scheme
The local authority affordable purchase scheme allows first-time buyers to purchase newly built homes at a reduced price with assistance from the local authority. The discount is based on the buyer’s income, and in return, the local authority retains a stake in the property proportionate to the discount given.
Key Features:
- Offers discounted home prices to eligible buyers based on income and local authority criteria.
- The local authority retains a proportional equity share in the property.
- Only applies to designated new-build developments.
Government backed mortgage
This government backed mortgage scheme, the local authority home loan, is aimed at first-time buyers who may struggle to secure a loan from traditional banks. This scheme provides affordable mortgage options with fixed interest rates, offering financial stability to borrowers.
Key Features:
- Available to individuals earning below €70,000 in Dublin, Cork, and Galway or €50,000 in other areas.
- Can finance up to 90% of the property’s value.
Fixed interest rate ensures predictable and stable repayments. - Unlike other schemes, this is available for both new and second-hand homes.
Next steps
With these government schemes, your dream home is closer than ever! Discover our stunning new-build developments in top locations—modern, energy-efficient, and ready for you.