Aleera wrote: » I started the HTB process on Monday. Rang revenue today and was told there’s approx a 4 week wait list before the application is even assigned to a case officer. Anyone else been told this?
charlietheminxx wrote: » I was onto them on Monday because our application was stuck on pending (even though everything had been submitted, it was a system error on their side) and I asked how long it usually takes to review the applications. I was told it's usually a couple of days if there are no complications but now I'm seriously worried Have you changed your marital status or anything that would require a more extensive review? It's 2 weeks since we first applied and the bank and estate agent are both looking for our HTB details so I hope what you were told is wrong!
swarmberg wrote: » Mines took 3 weeks from submitting to getting the codes, got them last Friday. Took alot of ringing every two days to try and speed it up though. Id say its around a month wait due to the number of applications.
Odette22Odile wrote: » Hopefully this isn’t too daft a question, but if there is a delay with the application being processed, but you are eligible, can you go ahead and pay the deposit yourself and then use the rebate at a later stage?
GingerLily wrote: » Are you self building?
Odette22Odile wrote: » GingerLily wrote: » Are you self building? Nope, buying a new build.
GingerLily wrote: » Revenue will pay the developer directly then
Odette22Odile wrote: » I’m sorry if this sounds like I am being incredibly dense, but does this mean that it can only be paid with the deposit? Any later and it would impact the amount of the mortgage, I imagine?
Odette22Odile wrote: » GingerLily wrote: » Revenue will pay the developer directly then I’m sorry if this sounds like I am being incredibly dense, but does this mean that it can only be paid with the deposit? Any later and it would impact the amount of the mortgage, I imagine?
GingerLily wrote: » Our developer claimed at drawdown, which means it reduced the amount of our mortgage. Do you want to drawdown the same mortgage amount as you would without HTB and keep the difference? I'd check first with your solicitor if that's what your thinking
Odette22Odile wrote: » We were hoping to reduce the mortgage and have the developer claim at the drawdown stage. So, that seems to be possible, which is great. We just thought it could be really messy trying to pay a deposit, whilst needing the contracts for the HTB, if that makes sense!
GingerLily wrote: » We did that too, we found it easier to claim later then at contracts signing, no issues at all, the bank will need the developer to confirm they've claimed the funds before you drawdown, but the process works pretty well from my experience
smurfette2212 wrote: » Hopefully this hasn't been asked here before, so please accept my apologies if so. My partner and I applied as a group for HTB. In each of our Revenue accounts, in the notification from them, the 'Maximum Relief Available to You' is a different figure. These figures both also differ from the 'Maximum Relief Available to Group' figure. Is this normal? If so, which number should we be going by? Thanks!
charlietheminxx wrote: » The Group Figure. eg. mine might say Max Relief to Charlietheminxx - €13,000 Max Relief to Group - €20,000 My partners might say Max Relief to MrCharlietheminxx - €12,000 Max relief to Group - €20,000 It just shows you the maximum you are each eligible to claim, but the group figure should be the same on each and that's the one that counts
smurfette2212 wrote: » Yes, that figure is the same. And it’s the lesser of that amount or 5% of purchase price that you can claim?
niamhzie wrote: » Does anyone know, are claims processed centrally or by your home Revenue district? Myself and himself are registered with two different ones. I see previous posters saying there's a massive backlog, trying to figure out if it's worth following up on Monday, or waiting a bit longer.
charlietheminxx wrote: » Yes, exactly.
Creamy Goodness wrote: » yes 5% of 330k (16.5k) provided you have paid that much in tax in the 4 years (which I'm guessing you have).
TedsRevengeP wrote: » Yep. The group approval thing we got said 'Application max relief available - 20k' and 'Your max relief available - 20k' - so I'm guessing that's us assessed and approved up to 20k?
Creamy Goodness wrote: » yes, the first approval has no way to know if you're going for a 200k house vs a 400k house etc. It's only on the second phase (when you have the contracts) that they know the exact house price.
