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Help to buy timeline

  • 06-05-2021 8:20am
    #1
    WhiteWalls
    Registered Users, Registered Users 2 Posts: 945 ✭✭✭


    Hi,

    I have been looking at this scheme and just wondering what the average process is. As in do you apply for the scheme and then buy a house, ie do you pay the full amount and then get reimbursed?

    Will your bank want proof of acceptance to the scheme?


Comments

  • #2
    Smee_Again
    Registered Users, Registered Users 2 Posts: 2,148 ✭✭✭Smee_Again


    It's paid direct to the developer after you complete the purchase, so you never really see the money. What your solictor pays on completion is the purchase price less the H2B contribution.

    Yes, the bank will want confirmation that you've been accepted.


  • #3
    WhiteWalls
    Registered Users, Registered Users 2 Posts: 945 ✭✭✭WhiteWalls


    Thanks.
    Does it have to be a new build bought straight from a builder. Could I use htb in a private sale but the house is only built two years?


  • #4
    Smee_Again
    Registered Users, Registered Users 2 Posts: 2,148 ✭✭✭Smee_Again


    New or self builds only.


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