Ways to buy

Getting the keys is closer than you think.

Every home at Brackinrainey is a new build, so first-time buyers can combine Help-to-Buy and the First Home Scheme, together worth up to €115,000 on a €425,000 home.

Scheme one

Help-to-Buy

A tax rebate for first-time buyers of new builds: 10% of the purchase price, up to a maximum of €30,000, put towards your deposit. It exists precisely to solve the hardest part: getting the deposit together.

Check eligibility at revenue.ie

Scheme two

First Home Scheme

The State and participating lenders take up to 30% equity in your new home, bridging the gap between your deposit, your mortgage and the price. You buy the equity back whenever it suits you.

Learn more at firsthomescheme.ie

A worked example

How the schemes stack on a 3-bed.

Combined household income needed: around €72,625. Figures are indicative, based on a 35-year term. Your broker or lender will confirm what applies to you.

Purchase price (The Sycamore): €425,000
Mortgage (70%): €297,500
First Home Scheme equity (20%): €85,000
Help-to-Buy rebate: €30,000
Deposit you save: €12,500
Indicative monthly repayment: from €1,180*

*4-year fixed green rate of 3.20% over 35 years. Indicative only; not financial advice.

Talk it through with the agent.

Rosemary McKeown at Raymond Potterton will walk you through pricing, schemes and next steps.