Help to Buy at ParkSide
Cairn is registered as a qualifying contractor under the Help to Buy scheme. All of our new homes in ParkSide are qualifying residence meaning First Time Buyers can obtain 5% of the purchase price through the Help to Buy Scheme.
Help to buy examples
|Total Deposit (10%)||€32,000|
|Help to Buy (5% of purchase price)**||€16,000|
|Balance Payable on Signing Contract||€11,000|
|Purchase Price||€ 375,000|
|Total Deposit (10%)||€37,500|
|Help to Buy (5% of purchase price)**||€18,750|
|Balance Payable on Signing Contract||€13,750|
*refundable deposit payable by First Time Buyer to sales agent in advance of contract being issued
**subject to First Time Buyer eligibility under the Help to Buy scheme
Find out more
The Help to Buy incentive is designed to assist first-time buyers with obtaining the deposit required to purchase a new house or apartment to live in as their home. The incentive provides for a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid over the previous four tax years to first-time buyers who purchase a new house or apartment to live in as their home.
There are two stages to the Help to Buy electronic process for First Time Buyers; Application stage and Claim stage.
For more information, please use the following link to the Revenue website http://www.revenue.ie/en/tax/it/reliefs/htb/index.html