Dáil Éireann Debate, Wednesday - 1 October 2025
97. Deputy Séamus McGrath asked the Minister for Housing, Local Government and Heritage if consideration will be given to extending the first home scheme to include the purchase of vacant properties, applying the same conditions as the croí cónaithe towns scheme in terms of properties vacant for at least two years; and if he will make a statement on the matter. [52377/25]
View answerThe First Home Scheme, which launched in July 2022, is a shared equity scheme designed to help bridge the gap between a purchaser’s deposit and mortgage, and the price of their new home, within regional price ceilings, for eligible first-time buyers, Fresh Start applicants and those who wish to build their first home. The Government’s clear priority is accelerating and increasing new housing supply.
The First Home Scheme Designated Activity Company is responsible for the operation and management of the First Home Scheme on behalf of its shareholders - the State, Allied Irish Bank, Bank of Ireland and Permanent TSB. The Programme for Government states it will work with the Banks to expand the First Home Scheme to first time buyers of second-hand homes. I have requested the First Home Scheme undertake the required analytical and technical work to examine the potential for such an expansion and the matter is under consideration.
The Vacant Property Refurbishment Grant, under the Croi Conaithe Towns Scheme, continues to be available for those refurbishing vacant properties for occupation as a principal private residence and for properties which will be made available for rent.
