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First time buyers - covid-19 Stimulus

thomas 123 · 2020-07-23 16:19:53

https://www.rte.ie/news/2020/0723/1155162-live-july-stimulus-economy-politics-coronavirus/ First time home buyers will also receive assistance to stimulate demand. The current limit of 5% or €20,000 to qualify for is being increased to 10% or €30,000. This measure is expected to cost €18 to €20m. What does this mean to me…

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23-07-2020 5:19pm

#1

thomas 123

Registered Users Posts: 2,800 ✭✭✭

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https://www.rte.ie/news/2020/0723/1155162-live-july-stimulus-economy-politics-coronavirus/

First time home buyers will also receive assistance to stimulate demand. The current limit of 5% or €20,000 to qualify for is being increased to 10% or €30,000. This measure is expected to cost €18 to €20m.

What does this mean to me as a first time buyer?

Does it mean the government will cover a deposit of up to 30k if I have paid that in tax over the last 4 years? (I don’t think it can be)

Mods please move if in wrong area.

Thanks in advance.

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