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2017-21 help to buy scheme - megathread. All help to buy discussion here please

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    #1862
    tshiggins
    Registered Users Posts: 57 ✭✭tshiggins


    Can anyone tell me how long the Help To Buy process usually takes?
    From application to granting, or notification even?
    Thanks


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    #1863
    skywayavenue
    Registered Users Posts: 85 ✭✭skywayavenue


    tshiggins wrote: »
    Can anyone tell me how long the Help To Buy process usually takes?
    From application to granting, or notification even?
    Thanks

    I think if there are no issues around your application it is pretty much instantaneous. My application was stuck on "under review" for 3 weeks. I phoned them yesterday to see what the problem was. The girl on the phone said "oh I have no idea why that is, everything is fine" and within an hour of the call I had full approval.


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    #1864
    climber59
    Registered Users Posts: 65 ✭✭climber59


    tshiggins wrote: »
    Can anyone tell me how long the Help To Buy process usually takes?
    From application to granting, or notification even?
    Thanks

    Yep I'd second what skywayavenue said. I had problems with mine both times so I'm not sure what the normal period is - definitely not long though. If it's 'under review' for more than a day or two call them. It can take a few calls to get someone that understands the problem but it's the best way to move it along.


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    #1865
    tshiggins
    Registered Users Posts: 57 ✭✭tshiggins


    great, thanks - anyone know the number I should call? (I'm seeing several on the website)


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    #1866
    skywayavenue
    Registered Users Posts: 85 ✭✭skywayavenue


    tshiggins wrote: »
    great, thanks - anyone know the number I should call? (I'm seeing several on the website)

    I phoned the general PAYE number for south Dublin - 1890 333 425


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    #1867
    tshiggins
    Registered Users Posts: 57 ✭✭tshiggins


    Lovely - thanks again!


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    #1868
    sarah88
    Registered Users Posts: 502 ✭✭✭sarah88


    Apologies as this may have been asked already. I have been approved through revenue for HTB, and have AIP from the bank for a self build. I understand that my official mortgage offer (when that time comes) needs to be uploaded. My query is, how long roughly does it take for the money to come through from the HTB?
    Many thanks


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    #1869
    Aaron15
    Registered Users Posts: 195 ✭✭Aaron15


    sarah88 wrote: »
    Apologies as this may have been asked already. I have been approved through revenue for HTB, and have AIP from the bank for a self build. I understand that my official mortgage offer (when that time comes) needs to be uploaded. My query is, how long roughly does it take for the money to come through from the HTB?
    Many thanks


    5 working days is when the money should come through


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    #1870
    sarah88
    Registered Users Posts: 502 ✭✭✭sarah88


    Aaron15 wrote: »
    5 working days is when the money should come through

    Thanks a mill


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    #1871
    Bargain_Hound
    Registered Users Posts: 521 ✭✭✭Bargain_Hound


    I've uploaded my signed contract & loan offer and provided the claim reference/access code to my solicitor. Is it now up to the builders solicitor to confirm the property & take the money?


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    #1872
    izzyflusky
    Registered Users Posts: 427 ✭✭izzyflusky


    Has anyone heard on the news about a number of people having to return their HTB?


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    #1873
    Michael D Not Higgins
    Moderators, Society & Culture Moderators Posts: 7,223 Mod ✭✭✭✭Michael D Not Higgins


    izzyflusky wrote: »
    Has anyone heard on the news about a number of people having to return their HTB?

    Is it this story?
    https://www.irishexaminer.com/ireland/revenue-seeks-tens-of-thousands-of-euro-over-help-to-buy-scheme-468633.html

    Seems to be a bit of a mixup between those applying and the Revenue.


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    #1874
    Aaron15
    Registered Users Posts: 195 ✭✭Aaron15


    Bargain_Hound wrote: »
    I've uploaded my signed contract & loan offer and provided the claim reference/access code to my solicitor. Is it now up to the builders solicitor to confirm the property & take the money?

    That’s it, it’s just a waiting game now, you won’t get a notification that they’ve recived the money, so maybe give it 5-7 working days and contact them to see if they recived payment, that’s what we done.


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    #1875
    d0157063
    Registered Users Posts: 164 ✭✭d0157063


    Bargain_Hound wrote: »
    I've uploaded my signed contract & loan offer and provided the claim reference/access code to my solicitor. Is it now up to the builders solicitor to confirm the property & take the money?
    I think you will receive Claim reference Number which should be provided to Developer via Solicitor for claiming the max amount.


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    #1876
    sightband
    Banned (with Prison Access) Posts: 670 ✭✭✭sightband


    Michael D Not Higgins wrote: »
    Is it this story?
    https://www.irishexaminer.com/ireland/revenue-seeks-tens-of-thousands-of-euro-over-help-to-buy-scheme-468633.html

    Seems to be a bit of a mixup between those applying and the Revenue.

    i never quite understood how a ‘help to buy’ scheme was made available to those that already bought. was it that the refund was only made available to those in the buying process and hadn’t already drawn down when the scheme was announced? if so, this was not at all clear as it seemed to be a bizarre quick fix populist vote getter by coveney offered to any first time buyer back dated to months before it was announced.


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    #1877
    GingerLily
    Registered Users Posts: 4,767 ✭✭✭GingerLily


    sightband wrote: »
    Michael D Not Higgins wrote: »
    Is it this story?
    https://www.irishexaminer.com/ireland/revenue-seeks-tens-of-thousands-of-euro-over-help-to-buy-scheme-468633.html

    Seems to be a bit of a mixup between those applying and the Revenue.

    i never quite understood how a ‘help to buy’ scheme was made available to those that already bought. was it that the refund was only made available to those in the buying process and hadn’t already drawn down when the scheme was announced? if so, this was not at all clear as it seemed to be a bizarre quick fix populist vote getter by coveney offered to any first time buyer back dated to months before it was announced.

    Is that who Revenue are going after? I can't find information about who is being fined.

    I am 100% sure my claim was legitimate and legal but I'm still worried now about getting a letter from Revenue!!


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    #1878
    sightband
    Banned (with Prison Access) Posts: 670 ✭✭✭sightband


    the irish times article seemed to suggest it was anyone who had exchanged contracts at the time the scheme was announced was not eligible. like
    you though i can’t get any specifics. if it is the case the criteria to qualify was as clear as mud as I had read every FAQ and detail made available and it seemed to be a free for all for any first time buyer within a certain time frame.


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    #1879
    Obsolete01
    Registered Users Posts: 197 ✭✭Obsolete01


    I read about the HTB scheme last year and wasn't sure if I was eligible. So I then rang revenue and they told me I was. So I applied and got the money last March.

    I received a letter yesterday saying my application was being reviewed. When I rang today I was told I was not eligible and they will be looking for the money back. I'm going to stand my ground because I was told by them Jan 2017 I was eligible. I've handed it over to my solicitor


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    #1880
    izzyflusky
    Registered Users Posts: 427 ✭✭izzyflusky


    Obsolete01 wrote: »
    I read about the HTB scheme last year and wasn't sure if I was eligible. So I then rang revenue and they told me I was. So I applied and got the money last March.

    I received a letter yesterday saying my application was being reviewed. When I rang today I was told I was not eligible and they will be looking for the money back. I'm going to stand my ground because I was told by them Jan 2017 I was eligible. I've handed it over to my solicitor

    Was the issue to do with dates as it mentioned in the article?


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    #1881
    Obsolete01
    Registered Users Posts: 197 ✭✭Obsolete01


    izzyflusky wrote: »
    Was the issue to do with dates as it mentioned in the article?

    Yea, so i read on the site that if you were building from 19 July 2016 which I was and I phoned them and said I was. They told me over the phone I was then eligible and now they said I had to have first mortgage payment drawn down on or after July 19. I drew down June 27th


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    #1882
    izzyflusky
    Registered Users Posts: 427 ✭✭izzyflusky


    Obsolete01 wrote: »
    Yea, so i read on the site that if you were building from 19 July 2016 which I was and I phoned them and said I was. They told me over the phone I was then eligible and now they said I had to have first mortgage payment drawn down on or after July 19. I drew down June 27th

    Sounds like THEY made the mistake and are trying to blame people then.


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    #1883
    Obsolete01
    Registered Users Posts: 197 ✭✭Obsolete01


    izzyflusky wrote: »
    Sounds like THEY made the mistake and are trying to blame people then.

    Yea, like they approved it verbally and then in the system. But what am I meant to do really. Its revenue at the end of the day.


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    #1884
    Aaron15
    Registered Users Posts: 195 ✭✭Aaron15


    Obsolete01 wrote: »
    Yea, like they approved it verbally and then in the system. But what am I meant to do really. Its revenue at the end of the day.

    I don’t see why others should be punished for a mistake that they made, seems ridiculous to be honest


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    #1885
    Obsolete01
    Registered Users Posts: 197 ✭✭Obsolete01


    Aaron15 wrote: »
    I don’t see why others should be punished for a mistake that they made, seems ridiculous to be honest

    I guess a big appeal will be made? I was thinking of going to the radio stations with it


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    #1886
    Toastytoes
    Registered Users Posts: 435 ✭✭Toastytoes


    Obsolete01 wrote: »
    I guess a big appeal will be made? I was thinking of going to the radio stations with it

    Did you enter the correct information on the online system? Correct dates?


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    #1887
    Obsolete01
    Registered Users Posts: 197 ✭✭Obsolete01


    Toastytoes wrote: »
    Did you enter the correct information on the online system? Correct dates?

    Yea


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    #1888
    Toastytoes
    Registered Users Posts: 435 ✭✭Toastytoes


    Obsolete01 wrote: »
    Yea

    Seems like it’s their mistake so. Revenue are saying the system would automatically reject applications which did not meet the criteria but that must not be the case if you entered 27th June on the application. It should have rejected you there and then.


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    #1889
    SNNUS
    Registered Users Posts: 745 ✭✭✭SNNUS


    I have been approved for the HTB scheme, but am a bit worried about all this now, Basically I was buying back in 2012 and was about to sign contracts for the property but the solicitor found issues with the paperwork and advised to withdraw from the purchase which I did. She had drawn down the funds from the bank but then returned them as it fell through, Am i right in saying I am a first time buyer as I never actually owned anything on paper??


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    #1890
    sightband
    Banned (with Prison Access) Posts: 670 ✭✭✭sightband


    Obsolete01 wrote: »
    I read about the HTB scheme last year and wasn't sure if I was eligible. So I then rang revenue and they told me I was. So I applied and got the money last March.

    I received a letter yesterday saying my application was being reviewed. When I rang today I was told I was not eligible and they will be looking for the money back. I'm going to stand my ground because I was told by them Jan 2017 I was eligible. I've handed it over to my solicitor

    That’s brutal, sorry for your trouble. Sounds like they’ve rewritten the eligibility criteria, the amount of material I’ve read on it since the announcement of the scheme and I don’t recall reading about the contract exchange or drawdown clause.


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    #1891
    d0157063
    Registered Users Posts: 164 ✭✭d0157063


    Toastytoes wrote: »
    Seems like it’s their mistake so. Revenue are saying the system would automatically reject applications which did not meet the criteria but that must not be the case if you entered 27th June on the application. It should have rejected you there and then.

    probably revenue online application wasn't stringent at the time, as they had just launched and revenue staff not totally aware of the rules. I am not on revenue side but guessing how things would have worked. Also revenue wouldn't have guessed the total number of people eligible to apply, probably now people count > money kept aside for this !!

    i agree with sightband - never came across such rules in first place, following this since announced in 2016 budget.


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