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

Stheno wrote: »

They deem it OK to support couples all over the country tbh
The support is available to you too just not in you preferred area

Thank you. You are getting my point.

Stheno

morrga wrote: »

10% deposits are allowed.

Not without an exception over 220k I thought?

morrga wrote: »

We want to live in South Dublin on the Wicklow border. Carrickmines or Shankill hardly the Dalkey, Killiney profile. My point is the govt deem it ok to support couples in North Dublin who earn the same salaries as ourselves.

I think you're missing the point. If you can afford to purchase a house for over 500k why would you deserve a grant? It doesn't matter where you're from. I remember you asking was the grant per house or per couple in a previous thread, at some point you need to realise you just sound plain greedy.

Stheno

morrga wrote: »

We want to live in South Dublin on the Wicklow border. Carrickmines or Shankill hardly the Dalkey, Killiney profile. My point is the govt deem it ok to support couples in North Dublin who earn the same salaries as ourselves.

They deem it OK to support couples all over the country tbh
The support is available to you too just not in you preferred area

Michael D Not Higgins wrote: »

Worst case: someone needs the 20k rebate to make the minimum deposit requirements for a 600k house (the actual point of the scheme). Minimum deposit is 98k, which means they have a deposit of 78k saved and a salary of 143k.

10% deposits are allowed.

pilly wrote: »

So in other words it's obviously a very expensive area that you want to live in, that's fine and dandy. You're will entitled to make that choice, no-one is saying you can't. But if it's the choice you make then you shouldn't get assistance from the government to do so because if you can afford to buy over 500k then you don't need it.

We want to live in South Dublin on the Wicklow border. Carrickmines or Shankill hardly the Dalkey, Killiney profile. My point is the govt deem it ok to support couples in North Dublin who earn the same salaries as ourselves.

morrga wrote: »

That's west Dublin, disastrous commute to work and not where we're from. But this is proving my point. You're saying we should leave the area we are settled in. I'm saying this is not fair compared to every other couple who don't have to leave their area.

So in other words it's obviously a very expensive area that you want to live in, that's fine and dandy. You're will entitled to make that choice, no-one is saying you can't. But if it's the choice you make then you shouldn't get assistance from the government to do so because if you can afford to buy over 500k then you don't need it.

Michael D Not Higgins

Worst case: someone needs the 20k rebate to make the minimum deposit requirements for a 600k house (the actual point of the scheme). Minimum deposit is 98k, which means they have a deposit of 78k saved and a salary of 143k.

Michael D Not Higgins wrote: »

A 500k house with the max deposit allowed under the scheme of 30% would still require savings of 130k (+20k top up from government) and combined salary of 100k.

At 600k, it's 160k saved (+20k) and salary of 120k. I wouldn't feel too bad for the people in the 100k-120k bracket who can't get the 20k rebate for their 500k-600k house.

Exactly ðŸ–’

ThisRegard wrote: »

Nobody is entitled to live anywhere.

And to think social housing couples openly reject houses they are given lol.

Change entitled to want then.

Michael D Not Higgins

A 500k house with the max deposit allowed under the scheme of 30% would still require savings of 130k (+20k top up from government) and combined salary of 100k.

At 600k, it's 160k saved (+20k) and salary of 120k. I wouldn't feel too bad for the people in the 100k-120k bracket who can't get the 20k rebate for their 500k-600k house.

Stheno

There's 21 new developments on daft with houses under 500k in south county Dublin including knocklyn and rathfarnham.

Where is it you want to live?

ThisRegard

morrga wrote: »

Are couple B not entitled to live where they grew up? This is clearly discriminatory based on geographical location..

Nobody is entitled to live anywhere.

pilly wrote: »

Citywest is one I can think of off the top of my head.

That's west Dublin, disastrous commute to work and not where we're from. But this is proving my point. You're saying we should leave the area we are settled in. I'm saying this is not fair compared to every other couple who don't have to leave their area.

morrga wrote: »

New builds? Where?

We don't want an apartment. We are 8 years in an apartment. Time to move on just the same as couples in North Dublin will. We want a family home for a long term settlement. Duplexes and apartments are not suitable for families.

Name a development with a family home below 500k?

I could name 10, just take a look on daft and you'll see them all. I think the trouble you have is that you want to live in a particular area and get 20k for yourself in the process. If you want a bigger better house then you don't get the grant. Why would you deserve one spending over 500k as a first time buyer. Ridiculous!

morrga wrote: »

New builds? Where?

We don't want an apartment. We are 8 years in an apartment. Time to move on just the same as couples in North Dublin will. We want a family home for a long term settlement. Duplexes and apartments are not suitable for families.

Name a development with a family home below 500k?

Citywest is one I can think of off the top of my head.

listermint wrote: »

So its your assertion that because house prices are higher in one area we should accommodate keeping them high.
Plenty of lols there.

With or without this grant, prices will always be higher in south Dublin.

Earleybird wrote: »

Perfectly entitled, but why do they need to spend more than 500k? Plenty of houses and apartments for less in South Dublin; but if you have the money to buy in a more expensive area then you're less in need of a grant.

New builds? Where?

We don't want an apartment. We are 8 years in an apartment. Time to move on just the same as couples in North Dublin will. We want a family home for a long term settlement. Duplexes and apartments are not suitable for families.

Name a development with a family home below 500k?

listermint

morrga wrote: »

Why should couple A living in North Dublin and work in Company ABC Ltd in the City Centre be entitled to the grant over couple B living in South Dublin also working in ABC Ltd and both earning the same salaries.

Are couple B not entitled to live where they grew up? This is clearly discriminatory based on geographical location.

Houses in North Dublin well below 500k, houses in South Dublin above 500k.

So its your assertion that because house prices are higher in one area we should accommodate keeping them high.
Plenty of lols there.

morrga wrote: »

Why should couple A living in North Dublin and work in Company ABC Ltd in the City Centre be entitled to the grant over couple B living in South Dublin also working in ABC Ltd and both earning the same salaries.

Are couple B not entitled to live where they grew up? This is clearly discriminatory based on geographical location.

Houses in North Dublin well below 500k, houses in South Dublin above 500k.

I disagree, plenty of houses in South Dublin below 500k. People are wildly exaggerating the price of houses in Dublin.

CramCycle

pilly wrote: »

Still too high at 500k imo

They would never lower it more as it would either be an admission that they got the number wrong or capitulation that FF are more on the ball.

I would have went lower and down to 350000

morrga wrote: »

Why should couple A living in North Dublin and work in Company ABC Ltd in the City Centre be entitled to the grant over couple B living in South Dublin also working in ABC Ltd and both earning the same salaries.

Are couple B not entitled to live where they grew up? This is clearly discriminatory based on geographical location.

Houses in North Dublin well below 500k, houses in South Dublin above 500k.

Perfectly entitled, but why do they need to spend more than 500k? Plenty of houses and apartments for less in South Dublin; but if you have the money to buy in a more expensive area then you're less in need of a grant.

Why should couple A living in North Dublin and work in Company ABC Ltd in the City Centre be entitled to the grant over couple B living in South Dublin also working in ABC Ltd and both earning the same salaries.

Are couple B not entitled to live where they grew up? This is clearly discriminatory based on geographical location.

Houses in North Dublin well below 500k, houses in South Dublin above 500k.

pilly wrote: »

Still too high at 500k imo

Agreed. It's a little less ridiculous though.