Time to get moving if interested in the Help-To-Buy Scheme

The Help-To-Buy scheme was introduced in 2016 as an aid to first-time property buyers of new properties and those who wish to build their own home, while also acting as a stimulus for new housing construction. It is due to finish on December 31, 2019.

The incentive was introduced in order to ensure that first-time borrowers would not be locked out of the property market by the Central Bank rule changes which require mortgage applicants to have at least a 10% deposit for houses.