stoves1 wrote: » My partner and i are putting a deposit on a new build house, we were abroad for a few years and are working and paying tax since jan 2019 total paid to now by both circa 9000eu, i cannot register for the HTB as it requires the previous years taxes paid, Is there any advice on how we can claim the HTB. if not any other advice as to our options please
Billythekid19 wrote: » Have successfully applied for HTB and given an access code , how do I find out how much exactly revenue will be giving me?
murfilein wrote: » we recently bought a house - on the contract i saw the name of the developer, and the company does not appear on the HTB list of developers. does that disqualify me from the scheme?
The Government’s help-to-buy scheme will be modified so that “couples who can already well afford to buy” will not be unfairly subsidised, Taoiseach Leo Varadkar has said. It is expected that an altered version of the incentive will form part of Tuesday’s budget following talks between Fine Gael, Fianna Fáil and the Independent Alliance. All parties have agreed that the scheme, which offers tax rebates of up to €20,000 to first-time buyers purchasing a new build worth up to €500,000, should continue. It had been due to end in December. The Government has been examining lowering the cap from €500,000 to somewhere between €250,000 to €300,000. A senior source said there are still “mixed views” on the proposals but it is hoped that lowering the cap will incentivise developers to build more affordable homes in this price range.
A Neurotic wrote: » As we're just beginning the process of mortgage application, this was an unwelcome headline this morning: Government to consider lowering HTB scheme cap.https://www.irishtimes.com/news/politics/government-to-consider-lowering-help-to-buy-scheme-cap-1.4042052?mode=amp
SelfBuild2019 wrote: » What is the trigger for HTB approval? I have been approved on the initial application through ROS, but given the news that the terms are likely to change from 2020 on, I'm just wondering at what stage someone would have to be at to avail of the 2019 conditions. Hoping for planning approval in the next couple of weeks, and have already done a consultation with a mortgage broker. The broker ran our figures through the various institutions, so we will likely be ready to go to mortgage approval stage once the planning hopefully gets over the line.
tomister wrote: » Should only take effect in Jan - so if you can get the approval done now
A Neurotic wrote: » Would love to know if this is true. Is it not possible they could announce immediate changes to the scheme this week?
scabo33 wrote: » Hi everyone, I run my p21s every year and they usually balance out. For this scheme it asked me to submit form 12 and for 2015 it now says I owe 1600 euro and this will be taken out of my tax credits over the next two years. How did this happen? My p21 at the time was fine. My employer I presume is responsible for making sure I pay tax and I’ve never earned more than 30k!
Creamy Goodness wrote: » Whilst I wouldn't put it past our Government, the majority of people who have HTB status now are seeing the cut off date of 31/12/2019 in revenue.ie. there'd be a whole lot of royally pissed off people if they announce something at the budget that takes immediate effect.
Billythekid19 wrote: » Im buying a new build from a developer and the house is expected to be built in one year. The bank informed me I need to make mortgage payments as soon as the mortgage is drawn down. When typicially does a mortgage be drawn in this scenario?
wirelessdude01 wrote: » Where exactly does it give you the specific amount you are eligible for? I have an application and an access number.
Creamy Goodness wrote: » Current scheme as it works now extended for two years according to new budget.
wolfyboy555 wrote: » How does the HTB scheme work of you were out of the country for a year? I spent time abroad 2018/19 and will have been back working for 7/8 months by the time I would like to apply for the HTB. Before I left I was in full time work for 6 years.
