First Home Scheme: First Time Buyers Get €66k Average
News Context
At a glance
- HereS a summary of the key information from the provided text about Ireland's First Home Scheme:
- * Average Purchase Price: €387,000 * Average Support: €66,000 (representing 17% of the average purchase price) * Total Support Provided: Over €273 million * Registered Interest: Over 19,200...
HereS a summary of the key information from the provided text about Ireland’s First Home Scheme:
* Average Purchase Price: €387,000
* Average Support: €66,000 (representing 17% of the average purchase price)
* Total Support Provided: Over €273 million
* Registered Interest: Over 19,200 potential buyers/self-builders
* Geographic Distribution: 75% of approvals are in Dublin, Cork, Kildare, Meath, and Wicklow. The remaining 25% are spread across the other 21 Irish counties.
* Scheme Combination: Two-thirds of users combine the First Home Scheme with the Help to Buy scheme for additional financial support.
* Continued interest: The scheme is experiencing continued strong interest,according to its CEO,Michael Broderick.