What Does the Raised Ceiling Prices in the First Home Scheme Mean for Potential Homeowners?

What does the raised ceiling prices in the First Home Scheme mean for potential homeowners?

Thousands of potential homeowners are set to benefit following the latest changes made the the First Home Scheme. The shared equity scheme was first launched in July 2022 to help bridge the gap for those with income to low to afford a mortgage big enough for their very first home. The government and participating banks provide an interest-free stake of up to 30% as a means of helping people get onto the property ladder. Thousands of potential h…

Extension of First Home Scheme good news for aspiring homeowners in Mayo - Alan Dillon

The expansion of price ceilings in the First Home Scheme means more people in Mayo will be able to buy their own home, Minister of State, Alan Dillon TD has said. Minister Dillon said the increase in price ceilings will make more homes available for purchase with funding from the scheme. “I am delighted to see that the price ceiling for the First Home Scheme is raised in Mayo. People in Mayo who may previously have missed out on the scheme can n…