As part of the Government's July Jobs Stimulus package a temporary enhanced HTB incentive was introduced.
During the period from 23 July 2020 to 31 December 2020, applicants will be eligible for increased relief if they:
Sign a contract for the purchase of a new house or apartment
make the first draw down of the mortgage in the case of a self-build property,
The maximum HTB refund is calculated at the lesser of:
€30,000 (up from €20,000)
10% (up from 5%) of the purchase price of a new home. For self-builds this is 10% (up from 5%) of the completion value of the property.
the amount of Income Tax and Deposit Interest Retention Tax (DIRT) you have paid for the four years before your purchase or self-build.
Applicants that made a HTB application under the original scheme, may satisfy the enhanced HTB requirements. They should cancel their original HTB application and reapply to avail of the increased relief.
At Glenveagh Homes, we concentrate on creating homes that make living easy. We use high-quality and innovative materials and techniques to deliver modern, future-proof housing that is energy efficient, easy and cost-effective to run, thoughtfully laid out, aesthetically pleasing and built well.Download Brochure
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