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

Hi All,

I think this may be a dead thread but I'll give it a go. Our new build has been delayed until the end of March, which means we have to apply again for the mortgage, to renew, it shouldn't be an issue but my only concern is the HTB. The builder told us they had the same issue last year and was able to still claim the HTB but if I have to apply for the mortgage again, they'll want proof of the HTB which I won't have? Or can I still use this year's details? We aim to reapply mid December and have been told by the bank it'll take 10 working days.

Has anyone experienced this situation or similar before?

we received Help to Buy approval back in April, but struggled to source a house at the time. We now have a house sourced thank god. Contracts are due to be signed in January, and hoping to move in around April.

I'm assuming that the developers can't claim the HTB until the contracts are signed. Given that won't happen til early next year, will we need to reapply for HTB in 2022? Or will we still be able to use our approval from 2021?

thanks in advance for any input

When uploading the contract to revenue, does it just need to be signed by us? Or does it need to be signed by developer too?

Would really appreciate any advice from people in the know. FTB buying a new build. Just realised that the developer is not on the qualified contractor list. Is there any reason they wouldn't be? Is it outrageous to contact them and ask them to apply to be a registered contractor?

Does anyone know how long it takes for a HTB application to be assessed? House is ready to move into, just waiting on the HTB.

Thanks, I've been trying that, although, every time I call they say they are too busy to take my call. Try again later.

I'll keep trying though, thanks

Hi folks, hopefully someone can help.

We got approved for our HTB this morning. We had been approved last year and it seemed straightforward enough, we were approved for X amount, got a application code and an access code to give to the builder.

This year's is the same but there's a Claim button that brings you to a page looking for us to upload our documents. Is this a new thing or did I just not notice it on last year's claim? We have just signed our contacts for the house.

I reapplied on Tuesday and it was approved yesterday, less than 24hours

can someone explain to me the process when closing the mortgage with HTB

in my case I paid a deposit of 5k initially to auctioneer to secure property.

price is 196k

htb I was approved for is 19.3k

what happens to the money left over?

by my account the htb more or less cover full deposit of 10% give or take €300.

solicitor fees and stamp duty etc they costed at 3.8k approx.

do I get my 5k back at end or what’s the story here?

thanks in advance

Hi I applied for HTB on 2nd of Jan and just got approved last night. Does anyone know if the expiry date is actually 31.12.2022 or is there a chance they will scrap HTB before the year is out? Thanks

I was approved for HTB in late 2020 when applying for Mortgage with PTSB. Was very fast, Got approved in principal.

Reapplied again in Jan 2021 but this time it seemed to take much longer, I needed to send a request to myenquires and it was eventually approved. I think this one was maybe 1.5 - 2 weeks?

House construction was not completed by end of 2021 so I needed to reapply for HTB. First I got my statement of liability sorted for 2021 as I know you need this to be in order for HTB.

I made a new claim for 2022 on 11/01/22 and explained that I was previously approved in 2021 but it expired due to construction on the house not being complete.

I then range the PAYE line on Friday and they said there is no front office or direct line to speak to anyone from HTB. She said that HTB have informed PAYE that there is a large volume of applications and that they complete them in the order they were submitted.

She said that they can only escalate if someone might loose the house. She advised it would be best to send another message to my enquires and include the address so they have something on file and also include things like approval in principal and signed contracts etc...

I submitted those documents as well as my new address and how much my mortgage was for and how much deposit I had paid so far as well as the price of the house.

This was on the 14/01/2022.

The builders have informed me that work on the house will complete this Thursday on 20/01/2022 and I mentioned this in my enquiry to revenue. So far it is 19/01/22 and no reply to my enquires and my HTB application still just says "under review".

My solicitor reached out to me mentioning that the builder's solicitor has reached out to him mentioning that they will be ready to finish work on the house in the coming days and requested if we have the HTB access codes yet.

I'm starting to get worried that this might be delayed by a while as I have no indication from revenue when my HTB application will be approved. Is there any advice anyone can give about what I should do to speed this up? All my tax is in order (as far as I know) for the previous 4 years so I have no idea what the hold up is exactly.

I didn't say in my enquiries "I'm afraid I might lose the house" but I did mention that drawdown should potentially take place next week. So now I suppose I might actually get into a situation where I could be at risk of losing the house if HTB is not approved soon.

Same here, we are sale agreed on a new build which is already pretty much done, and waiting on HTB.

I know their busy because of returns and everyone reapplying but they really need a better system for escalating for those sale agreed and needing the details. We were already approved last year. At this stage it should be automatic.

Sitting here waiting for someone to see the enquiry is so nerve wrecking.

I got re-approved for my 2022 HTB straight away by not using 2021 as a tax year. It is not mandatory to use the most recent year.

I just ticked 2018, 2019, 2020 which was on my old approval from last year and it re-issued right away. Might help some people out there but you will need to have enough tax from 3 years instead of 4 so bear that in mind.

I've been working abroad for 2 years but will be moving home to buy, can I apply for the help to buy to cover just 2019/2020 seeing as I was paying tax in Ireland during these years?

Has anyone had an issue where the builder was only able to claim for one part of a group? We we’re both entitled to the full €30,000 and instead of just using one person to claim the €30,000 we spilt it and the builders solicitor got back to my solicitor saying they could only claim for one person and there is an outstanding sum of our deposit that they were unable to claim. We uploaded signed contracts so I’m very confused why they were not able to claim the full amount with our claim number. I know that sounds very confusing but I am very confused and also worried that this is an issue that revenue will take a long time to resolve.