awec wrote: » You need to put both names on it as they need to ensure your wife is also a FTB.
eoghan15 wrote: » But do I need to use any of her years if we don't wish to? Basically her tax is a little messed up so to use HTB we need to clear that deficit for the years we are looking to claim HTB. But can I add her and not use any of her tax years?
Rock77 wrote: » The way mine worked was they showed how much I could claim 12,000 How much my wife could claim 13,000 But the max we could claim was 20,000. We needed 16,000 and I was told we could claim the 16,000 any way we wanted. Eg. Half each or 12,000 from me and 4,000 from her
coff66 wrote: » Hopefully this has not been asked before. Does anybody know what happens if you have signed contracts and letter of offer for a new build and submitted these for the HTB but then the letter of offer expires before mortgage draw down and needs to be renewed? Further to this what would happen if the builder had already drawn down the HTB and upon looking for renewal the bank refused the mortgage!? Second part is purely hypothetical, but first part is possibly a position we may find ourselves in.
awec wrote: » First part is very common, you just get a renewed offer from the bank.
Itzel Important Shock wrote: » The Help to Buy scheme has been increased in the July Stimulus to 10% / €30,000 (from 5% / €20,000) for the rest of 2020.
Rock77 wrote: » Really? Where did you see this?
Itzel Important Shock wrote: » 15:37https://www.independent.ie/irish-news/july-stimulus-package-live-updates-new-scheme-to-see-the-state-pay-companies-for-hiring-apprentices-39392230.html Also:https://twitter.com/gavreilly/status/1286307924063727616?s=20
Rock77 wrote: » Thanks, I see on the Indo article it just says it’s increasing to 30k... if it’s also increasing to 10% then that’s massive.. your full deposit is covered! I’ve already been approved for 5% but it said on my application I could get a lot more, problem was it was more than 5% I’ll have to re apply!
Conrad83 wrote: » We are the same. We were approved for 5% but would have qualified for more. We are literally about to sign contracts on a new build. Does this mean we have to reapply through revenue to get the extra does anyone know?
Tipsy McSwagger wrote: » I claimed 5% last year and got half my deposit of 20k. Does this new news mean my full deposit would now be covered.
Rock77 wrote: » I’ve sent an enquiry to revenue... Contract is due to our solicitor next week, I presume we would have to re apply because we qualified for more than 24k but it says on the application- max available 20k...
Conrad83 wrote: » Exact same position here! Contracts in hand ready to be posted tomorrow to our solicitor and back to builder. Also sent an enquiry to revenue. Assume it is a new application. We would qualify for €29k and got €19k. Dont think any problem signing contracts and forwarding new HTB info once approved (hopefully).
laurajaney83 wrote: » This is really frustrating for people who have just claimed HTB. I'm doing a self build and applied when COVID kicked off because I was worried it would be scrapped altogether in the new gov. I have just emailed revenue for confirmation if I can now get the extra %. Will follow here to see if anyone can shed anymore light on this situation for recent applicants.
Dylan94 wrote: » It is highly unlikely that you or anyone else that has already claimed the HTB will get anything extra. Its there as a stimulus to help attract new buyers and get people to buy now. You were already buying/building so there is no benefit.
8-10 wrote: » I have shared the HTB codes with solicitor 2 days ago but signed contract hasn't been sent off (was going to issue instruction to do so tomorrow) so Builder won't have claimed yet. Nick of time I think for me, fingers crossed, hopefully can cancel the existing HTB claim pretty quickly and re-claim under the updated scheme
Jasna1982 wrote: » Can I apply for the HTB scheme before I have anything in mind? I’d like to see how much I could get approved for. But do I need to have a house in mind already?
