Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

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

1798081828385»

Comments

  • Registered Users Posts: 107 ✭✭phunks



    My understanding the value of the house is still 500K. So your mortgage will be max 90%. So a max mortgage of 450K.

    You need a deposit of 50K. You can use your 30K HTB meaning you only need 20K cash right now but a mortgage will need to be for 450.



  • Registered Users Posts: 107 ✭✭phunks


    Question on how to the HTB process works.

    If I have a new build at 500K. If I pay the deposit of 30K to the builder in cash.

    Can I still claim the 30K HTP when paying off the remaining 470 at drawdown?


    Ie 30K HTB + 20K savings + 420K mortgage. Appreciate any help



  • Registered Users Posts: 2 cooper2707


    Hi

    I want to apply for the HTB in 2023. I have a letter of offer from the bank and I have started our self build. I want to make our first drawdown in January as HTB require you to show evidence that your drawdown was in the same year as HTB you are claiming. The bank said that if I want to apply for the HTB 2023, I need to apply with revenue in January, send them the code and provide payslips, salary cert, etc again. This will take weeks and I can't wait that long. I am not using HTB as my deposit and it wasn't part of my current offer letter.

    My question is, can I draw down the first stage in January and claim the help to buy without informing the bank. I have read the revenue circular and it doesn't state anywhere that you need to make the bank aware that you are claiming HTB. Any one help me with this?



  • Registered Users Posts: 2 livelifelove


    Hi

    Just submitted my application for help to buy on revenue. Does any one know current approval times?



  • Registered Users Posts: 16 Lisa2215


    Hi

    I understand revenue can clawback a %of HTB if you sell property within 5 years but has anyone first hand experience of this. Struggling to get a definite answer.



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 1,573 ✭✭✭TheGunns


    Has anyone claimed HTB with 2023 contract dates yet?


    When I put in 2023 dates for contracts signed it limits to 20,000 but 30,000 if use 2022 dates. I thought 2023 HTB was still the 30,000 not back down so maybe issue with Revenue site.


    Wondering if anyone else come across the same issue?



  • Registered Users Posts: 26 Arun Thomas


    Thinking of Reapplying the HTB scheme because house is expected to completed around end of March this year.My current HTB application is at the claim Stage.I already gave the claim number to the builder also.But If i could claim my last years tax I will get some more refund.But what are the chances of getting it approved.Will there be a delay from Revenue side and Do I need to inform the builder about this.



  • Registered Users Posts: 1 Corkselfbuilder


    Hi all, hoping I came to the right place for advice! I applied for HTB online today, for myself and husband.

    I received a message at the end saying my application is under review as my husband has to confirm membership which is fine and also because my income tax return for 2022 hasn’t been completed. I just completed income tax return now and have actually overpaid the revenue tax for 2022.

    Did anyone else experience this and how long did it take for your HTB application to be processed after this?



  • Registered Users Posts: 9 sp9612


    Did you get any more info/details on this? I was wondering the same, if the HTB from after 2022 would be 20k or 30k cap. The original scheme was only 20k, but the enhanced scheme that was extended originally until the end of 2022 was for 30k. So not sure if the extension after 2022 is for 20k or 30k.

    Thanks



  • Registered Users, Registered Users 2 Posts: 1,573 ✭✭✭TheGunns


    I sent a query through and they said it's a technical error and to use 2022 date and they'd leave a comment on the submission to explain. I'd say you should just send the enquiry through to them so they know first



  • Advertisement
  • Registered Users Posts: 2 Katlen89


    Hi, Yes we are having the same problem at the moment, We applied for the help to buy on 5th Jan and it is still saying our application is under review. We have contact them in My Enquires but have received no response yet and I have also phoned and they couldn't help but just advised me to follow up in My Enquires.

    Have you received any response or your approval yet? Very frustrating with no advice on how to solve the problem.

    Best of luck with getting your approval 🤞



  • Registered Users Posts: 2 Katlen89


    Hi, thanks for sharing this advice. Good to know.

    Just wondering how long it took you to receive a reply to your enquiry on the website?



  • Registered Users, Registered Users 2 Posts: 1,573 ✭✭✭TheGunns


    They didn't seem to be aware of it when I initially raised it but they were taking around a day each time to reply on average



  • Registered Users Posts: 106 ✭✭MightyDucks


    Hi folks,

    Does anyone know if building an extension qualifies you for HTB? House was inherited.


    Thanks



  • Registered Users Posts: 114 ✭✭poker2k9


    I wouldn't think so, since it applies to build of a new property. Even secondhand buyers can't get HTB



  • Registered Users Posts: 2 claudia05


    Hi, just wondering did your application got approved? we applied on the 27th of Jan and still waiting ( almost 6 weeks )..



  • Registered Users Posts: 17 Rosieposie2021


    Hi all, does anyone know what happens in this scenario. Signed contracts last year and developer claimed HTB, the house won't be ready until late this year. We will have to re apply for mortgage closer to completion date as our offer has ran out. Contract states we will get deposit back if the bank will no longer loan us the funds we need, just with increasing interest rates we are just curious what would happen with HTB if the bank refuse to give the mortgage amount we need. Would the developer have to send the money claimed back to revenue? Or would we owe this? Thanks a mill



  • Registered Users Posts: 1 kingcole77


    Hi does anybody had an underpayment for paye for the years you have applied for HTB. We had an underpayment of 6k and have cleared this now revenue are saying this amount won't be added to the HTB application. Has anybody had this issue? Any help would be appreciated as trying to get an answer from revenue is impossible. Thanks



  • Registered Users Posts: 1 emma127


    Hey, just wondering how long did your approval take after? Currently waiting 6/7 weeks and still under review. Contacted revenue and they basically said they’re reviewed in the order they come in but gave no timeline



  • Registered Users, Registered Users 2 Posts: 322 ✭✭spupazza


    Hi all, I plan to apply for the HTB scheme soon (self-build). I have a question about the scheme: If I apply today for the HTB scheme, from when do they start counting the four years back for the amount of income tax and DIRT I've paid? From 2023 or 2022?


    Thanks in advance



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 1,081 ✭✭✭nhg


    You can include 2019, 2020, 2021 &2022 in your application. 4 previous years.

    2023 cannot be included in an application now as it’s the current tax year, it could be included in an application in 2024



  • Registered Users, Registered Users 2 Posts: 322 ✭✭spupazza


    thanks for the reply. If I commence the building works in 2023 and submit the application in 2024, will 2023 be counted?

    Also, for self-build, does the purchase of the site count towards the total costs of the house relative to the HTB?



  • Registered Users Posts: 1 njacotter


    Hi! Did you ever figure this out? Am in the same situation!



  • Registered Users, Registered Users 2 Posts: 322 ✭✭spupazza


    Unfortunately I'm still looking for the answer, please let me know if you figured it yourself



  • Registered Users Posts: 2 LostBreadcrumb


    Hi, a quick but important question about the Help to Buy scheme - if I haven't paid income tax in Ireland for 4 years yet (due to moving recently), would that disqualify me from the scheme? Any help is much appreciated, thanks!



  • Registered Users, Registered Users 2 Posts: 208 ✭✭Repo101


    It wouldn't disqualify you, you just need to apply for the years you were working here.



  • Registered Users Posts: 33 Laura99


    How did this going in the end, we are in a similar boat but our house doesn’t even have external doors/windows



  • Posts: 0 ✭✭ [Deleted User]


    During the claim stage there is a required document called “Mortgage acceptance form” what the hell is it ? All I have is a Statement of suitability and Letter of Offer from AIB.



  • Registered Users Posts: 36 Rita57


    Hi folks 

    does anyone have any experience of applying for help to buy after they have paid LPT? I have called Revenue and asked this but they advised to apply for HTB but when I do am being told I cannot apply as in registered for LPT??



  • Advertisement
  • Registered Users Posts: 106 ✭✭reddanmm


    Does anyone know what awaiting confirmation membership mean. My daughter got this back from revenue. No explanation anywhere for it and ringing them is useless.

    Thanks in advance





  • Registered Users Posts: 38 yashio


    Guys when at the claim section of HTB it asks how much deposit has been paid??will this affect the amount you will get?

    For example :booking deposit paid 5000k

    deposit needed 30k

    HTB approval : 30k



  • Registered Users Posts: 2 sharazahmad45


    need urgent help,

    anyone applied HTB recently?

    i was applying htb in group byt my some tax was due error comes up , as i have joint assessmemt in last 2 years,

    i pay all my taxes and applied again, again error comes up my wife paye tax is underpayment for 2022 and didnt order statement of liability , i paid that tax straight way and order the statment of liability , then i applied again both separate applications and both gone through and submitted and got application number,

    now question how long does it take to get approval not a days,

    coz we already booked house and pay booking fee, and we have extreme pressure from builder to provide htb documents to complete contract,


    so any response will be highly approached,


    thanks


    regard

    shaz



  • Registered Users Posts: 2 sharazahmad45


    hi we have same issue, just wondering is ur issue resolved and how long does it take to get approved



  • Registered Users Posts: 19 SkilpTDI


    Hi folks,

    Has anybody got any idea how your maximum relief is calculated? Myself and my partner applied for 4 years for both of us and looking at the statements of liability for each year we should have more than enough to get the 30k but yet we were only offered 8400?



  • Registered Users Posts: 37 BtxKiddo


    open an enquiry with them.

    tell them you are in the process of signing the contracts and you need the approval asap.

    provide first page of contract as photo/pdf where is your name stated.

    did the same, got the approval in 24hrs this week.

    best wishes



  • Advertisement
  • Registered Users Posts: 37 BtxKiddo


    Don’t mention any booking deposit.

    Tell them 0 as the 10%deposit hasn’t been paid.



  • Registered Users Posts: 18 bofination


    Hi All,

    We have submitted our HTB claim, we have received our claim and access codes, which we have sent to the developer.

    Developer hasn’t been able to verify the claim for some reason. They tried on Jan 11th and again last week and it just isn’t processing they say. Developer says we’re the only claim they are having issues with.

    I rang revenue and they said developer needs to contact them and they’ll sort it. I also submitted a myenquiry 10 days ago and no reply yet.

    Has anyone come across an issue like this, where developer isnt able to verify the claim? It seems like a bit of an edge case to me, but we now feel kind of helpless as it seems to be an issue between revenue and developer and we cant even speak to someone in htb to troubleshoot or figure out whats going on.

    Thanks!



  • Registered Users Posts: 1 jack1992


    Hi All,


    Does anyone have a contact email for the revenue HTB team, I have an error on my application as I was out of the country in 2020 & 2021. My partner and I have submitted multiple enquiries but they are going unanswered nearly 2 months now.

    Thanks

    Jack



  • Registered Users Posts: 36 Rita57


    I have searched online for this topic/query Tax refund apportionment and this is the only one I can find although its from 2021,wondering if anyone has any info on this exact area of htb. We have sent a query to revenue on this in march 24 and are no further on, cant get them on phone and turnaround time is over 25 working days in peak times. Changing the date seems to be the issue which is increasing/decreasing the total refund available to us.HTB are saying can get the higher amount. Is the refund available based on previous 4 yrs tax paid from today or 4 years previous to the first drawdown? Has anyone had any experience with this or found a solution since ?

    Post edited by Rita57 on


  • Registered Users Posts: 36 Rita57


    Did you ever get an answer? We are awaiting a reply since March which is outside their turnaround times of 25 working days in peak periods.



  • Advertisement
Advertisement