The State to provide first-time buyers with up to 30% of equity

3 D Personnel

An Affordable Housing Bill that would see the State providing first-time buyers with up to 30% of equity is to be discussed in the Dail next week.  The Minister for Housing, Darragh O’Brien, who is proposing the Bill, has stressed that a differentiation feature is that there would be no “no arbitrary salary caps”, which effectively means that all first-time buyers could apply, including couples or singles.  Mr. O’Brien hopes that it will lead to an increased supply of around 2,500 homes.

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