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FTB with cash & 20l tax rebate

  • 01-11-2016 4:29pm
    #1
    rat_race
    Registered Users, Registered Users 2 Posts: 990 ✭✭✭


    Hi -- does a first-time buyer, with NO mortgage (i.e., cash buyer), qualify for the tax rebate introduced in this year's budget, in any way?

    Hard to find any official info on it online.

    If someone replies, can you cite the source of your info? Thanks :D ...


Comments

  • #2
    Stheno
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 51,690 Mod ✭✭✭✭Stheno


    rat_race wrote: »
    Hi -- does a first-time buyer, with NO mortgage (i.e., cash buyer), qualify for the tax rebate introduced in this year's budget, in any way?

    Hard to find any official info on it online.

    No one of the conditions is that you have a mortgage of min 70 percent?


  • #3
    Hasmunch
    Registered Users, Registered Users 2 Posts: 936 ✭✭✭Hasmunch


    Theoretically, could someone take out a 70% mortgage, Apply and get the tax rebate and then pay off the mortgage as one lump sum. Or is there penalties for doing that?


  • #4
    Stheno
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 51,690 Mod ✭✭✭✭Stheno


    Hasmunch wrote: »
    Theoretically, could someone take out a 70% mortgage, Apply and get the tax rebate and then pay off the mortgage as one lump sum. Or is there penalties for doing that?

    Theoretically they could


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