Help to Buy housing scheme to continue at current rate – RTE.ie

The Government’s Help to Buy scheme is being continued at its current rates for 2022, the Minister for Finance has said.

However, Paschal Donohoe announced that a full review of the scheme would be carried out in the course of next year.

The Help to Buy scheme is an incentive where first time buyers can claim a maximum of 10% of the value of the property or €30,000 – which ever is lower.

The Minister also said he was extending the relief for pre-letting expenses for landlords for a further three years.

“This will continue to encourage landlords in the residential rental sector to return empty properties to the market as quickly as possible,” he said.

A core challenge facing the country is housing, says Paschal Donohoe. He says he will be introducing a zoned land tax, to encourage the use of land for building homes. The main objective

Continue reading this atricle at https://www.rte.ie/news/budget-2022/2021/1012/1253227-housing/