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Help to buy second time round

  • 21-04-2025 05:06PM
    #1
    thestar
    Registered Users, Registered Users 2 Posts: 508 ✭✭✭


    Hi all,

    I bought a house two years ago and got 30k in the HTB. I now have a change in circumstances and am planning to sell this house.

    I appreciate I will owe revenue approx 15k by the time it’s sold. My question is, could I receive that 15k on another property?



Comments

  • #2
    appledrop
    Registered Users, Registered Users 2 Posts: 6,613 ✭✭✭appledrop


    Where are you getting the 15k figure from?

    It's 80% payback if only lived in if fotmr 2 years and no you can't get it again It's for first time buyers only.



  • #3
    thestar
    Registered Users, Registered Users 2 Posts: 508 ✭✭✭thestar


    I was of the opinion that the sum owed to revenue is going down every week. Regardless of the time lived in it, if you break the 5 years and sell inside that time, is it 80% payback to revenue? Thanks for the information



  • #4
    starWave
    Registered Users, Registered Users 2 Posts: 401 ✭✭starWave


    If you break after 1 year, (year 2 living in house) you would owe 80% back; if you break after two years (year 3 living in house), you would owe 60% back, if you break after three years (year 4 living in house), you would owe 40% back, etc.



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