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

Rebuilding Ireland Home Loan
The Rebuilding Ireland Home Loan is a Government-backed mortgage for first-time buyers 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 housing association tenants who take out a mortgage to buy or build a house.

Low cost housing sites
Local authorities may provide housing sites at low cost to help people in housing need to provide their own housing.

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 has now been stood down.

Affordable housing schemes
The old affordable housing schemes have been discontinued. There are new affordable purchase schemes planned, but they are not yet in operation. Affordable housing schemes help eligible first-time buyers to buy homes at below their market price.