First Home Scheme

For first-time buyers like Lorna, additional funding from the First Home Scheme can make the dream of owning a home possible.

Looking forward to presenting on the First Home Scheme and complementary initiatives for first-time buyers and self-builders at the Institute of Bankers Bootcamp Event on 14th November.   https://lnkd.in/eJ5s4e7F

Looking forward to presenting on how the First Home Scheme can bridge a funding gap for first time self builders at the Selfbuild event being held in the Connacht GAA Air Dome. First Home Scheme presentation will be on Saturday morning (2nd November).

The First Home Scheme continues to grow in popularity and is now a key support for first time buyers as the numbers using the scheme to purchase their new home continues to grow (107% increase in the number of new homes purchased with the assistance of the scheme in Q3, 2024 versus Q3, 2023, (502 versus 243)). See below for further details. With increased funding from the state and participating lenders in 2024, the scheme is in a strong position to fund many more first time buyers in the future.

Delighted to speak with Siobháin Maguire on how the First Home Scheme can assist first time buyers. Lots of information available in the full podcast for aspiring home owners as part of the 'myhome' podcast series.

Everyone’s journey to owning their first home is different. This is Ken’s story. We’ve been helping first-time buyers like Ken all across Ireland to buy a place they can call home. Learn more about the support available through the First Home Scheme at www.firsthomescheme.ie

Bring your wellies and your questions! We’ll be at the National Ploughing Championships again this year. You’ll find us at the Housing for All stand in the Government of Ireland Marquee. Looking forward to chatting with you there. #Ploughing2024

Today we celebrated our 2-year anniversary with Minister Darragh O'Brien TD. Looking back on the number of new homeowners who’ve used the scheme so far, we’re really proud of how much has been done and we’re excited to help even more people going forward. Up to the end of June 2024, there’s been: - 4,856 approvals - 1,914 new homeowners - €126 million in funding provided

First Home Scheme are delighted to share the Q2, 2024 update. The update was launched this morning by Minister Darragh O'Brien TD, which also coincides with the second anniversary of the scheme being launched. The latest figures demonstrate the importance and benefit of the scheme to first time buyers, with the number of approvals up by 43% on the same period last year (Jan to June) and the number of homes purchased using the scheme (funds drawn down) up by 107%. There are now over 4,800 individuals/families approved to use the scheme with over 1,900 individual/families in homes purchased with the assistance of the scheme. We are keen to ensure that all eligible home buyers/builders are aware of the scheme. We will continue to work in terms of raising awareness and building on the success of the scheme to date. See the attached flyer for further information on the performance of the scheme over its first two years. For further information go to www.firsthomescheme.ie

Following the scheduled mid-year review of Property Price Ceilings by the First Home Scheme, price ceilings have been increased in 14 counties. These increases will make more new homes available to first time buyers in these counties and help increase supply by addressing viability issues.