Dáil Éireann Debate, Wednesday - 8 October 2025
177. Deputy Barry Ward asked the Minister for Finance the status of the review and extension of the help to buy scheme, as committed to in the Programme for Government; and if he will make a statement on the matter. [53949/25]
View answerThe Help to Buy incentive is a scheme to assist first-time purchasers with the deposit they need to buy or build a new house or apartment It also has as an aim to encourage additional supply of new houses by supporting demand. The scheme provides a refund of Income Tax and Deposit Interest Retention Tax paid in Ireland over the previous four years, subject to certain limits and is legislated to be in place until the end of 2029.
The level of support available to first time buyers is whichever is the lesser of:
• €30,000; or
• 10 per cent of the purchase price of the new property; or,
• the amount of Income Tax and DIRT paid in the four years before application for the relief.
Based on the latest available data (31 August 2025), the scheme has supported almost 59,000 individuals or couples to buy their own home.
The Programme for Government commits to the retention and revision of the Help to Buy scheme and the extension of the scheme out to 2030.
