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

Help to buy

  • 14-05-2024 10:19am
    #1
    thestar
    Registered Users, Registered Users 2 Posts: 505 ✭✭✭


    Hi all,

    I bought a house in 2023. I got 30k from the help to buy..

    My circumstances have now change and I will be relocating away. If I sell before 5 years I will have to return 30k to revenue. Thinking about renting it out because of this even though I would prefer to sell.

    I'm assuming there's no way around this

    Anyone have experience of this?

    Thanks



Comments

  • #2
    ELM327
    Registered Users, Registered Users 2 Posts: 22,913 ✭✭✭✭ELM327


    You can't sell it or rent it out (other than the rent a room scheme or other schemes) within the 5 years without the help being returned.



  • #3
    Gary_dunne
    Registered Users, Registered Users 2 Posts: 1,229 ✭✭✭Gary_dunne


    You won't have to return the full 30k as far as I'm aware, it reduces over the period so it should be 24k that you will need to return if you have been there for a full year. If not, then ye full 30k would need to be returned.



  • #4
    Vicxas
    Registered Users, Registered Users 2 Posts: 15,526 ✭✭✭✭Vicxas


    Think its in your contract with the HTB that if you leave within 5 years you need to repay a certain amount back to revenue.



Advertisement