Finance (No. 2) Bill 2023: Committee Stage
Seanad Éireann — 2023-12-05
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Seán Kyne (FG), Cultural and Educational Panel

I think the Minister will acknowledge that the help-to-buy scheme has been very popular and beneficial since it was initially introduced in budget 2017 and extended in the July 2020 stimulus plan. It provides a maximum of up to €30,000 or 10% of the purchase price for first-time buyers. In my own county of Galway some 2,168 people or couples have benefited from this with a drawdown claim of €45.3 million. This is the deposit for these people to get their first home and to get a start on the property ladder. In some cases, it may even be their forever home. It is a very popular scheme. Some 103,000 applications initially have been made to the scheme and 44,523 for the help-to-buy scheme across the country. It proves its worth and proves its value. Is assists people, including couples, throughout the country with the deposit needed to get their first home.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/seanad/2023-12-05/debate/main
Retrieved: 2026-08-14T04:52:29+00:00
Sitting date: 2023-12-05