Please note the closing date for the applications for the HTB is 31 December 2021. However, if you have entered into a contract to buy a house and have a successful application, you can draw down the grant before 31 December 2021. If your house sale does not close within 2 years from the date of draw down, Revenue will seek repayment of the grant.

The Help to Buy Scheme or First Time Buyers Grant is designed to assist first time buyers to get the deposit required to purchase a new 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.

The maximum relief is 5% of the purchase price up to a maximum of €20,000, and is available to first time buyers who buy a residential property before 31 December 2021.

In order to qualify, the developer must be a qualifying contractor. Glenveagh are a qualifying contractor. Download our guide to the Help to Buy incentive at www.glenveagh.ie
You can apply for the HTB scheme if you are an eligible first-time buyer and are a PAYE taxpayer.

In order to apply online you will need:

• Names & details of each applicant

• Evidence of mortgage approval including name & address of lending institution

• Purchase price or completion date of property

• Deposit amount payable

• Loan application number

You can apply online at www.revenue.ie