Help with buying a home

Taking out a mortgage
A mortgage is a long-term financial commitment. You need to assess your finances and ensure that you can manage the repayments. The Central Bank has set limits on the size of residential mortgages.

Help to Buy Scheme
The Help to Buy Scheme offers a tax refund for first-time buyers of newly-built homes.

Local Authority Home Loan
The Local Authority Home Loan is a Government-backed mortgage administered by the local authorities.

Mortgage Allowance Scheme
An allowance of €11,450 over 5 years is payable to local authority tenants, tenant purchasers and some approved housing body tenants who take out a mortgage to buy or build a house.

Shared Ownership Scheme
This scheme enabled low-income purchasers to buy a proportion of a home to begin with, increasing in steps until the whole house was owned. It is no longer available to new applicants.

First Home Scheme
This new national affordable housing scheme opened in July 2022. It helps first-time buyers and certain other applicants buy new homes.

Local Authority Affordable Purchase Scheme
The Local Authority Affordable Purchase Scheme is a new affordable housing scheme, which helps people on low to moderate incomes buy homes at reduced prices. The local authority takes a stake in your home, which covers the reduction in price.