Help-to-buy scheme leads to 50% rise in first-time buyers

New CSO figures indicate that the programme has boosted demand for housing

The Government’s move to offer €20,000 tax rebates to help first-time homebuyers purchase properties has led to a 50% increase in the number of such buyers getting on the property ladder. Photograph: Chris Ratcliffe/Bloomberg

The Government’s move to offer €20,000 tax rebates to help first-time homebuyers purchase properties has led to a 50% increase in the number of such buyers getting on the property ladder. Photograph: Chris Ratcliffe/Bloomberg

The Government’s move to offer €20,000 tax rebates to help first-time homebuyers purchase properties has led to a 50 per cent increase in the number of such buyers getting on the property ladder.

The number of deals in this category grew to more than 3,000 in the 12 months to last November, up from 2,000 in the previous year, according to Central Statistics Office figures.

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