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

What would the shortfall amount be if you were to only use the First Home scheme?

Another question some of you may be able to help me with. Both myself and my partner are civil servants and due a pay rise in Oct and Nov which will make us eligible for the loan we need to secure the HTB. If we were to pay the deposit on the house now, could we update our loan offer late November and then claim the HTB back? The house is due to be completed in Dec but could be delayed until the new year

Best to send in a My Enquiries through MyAccount directly to the HTB team to get an exact answer. They answer all queries in date rotation.

Hi, has anyone gone through the claim and verification stage?

We've put through our claim for HTB and have received our claim number and access code.

Do we have to wait for a claim approval before getting our solicitor to verify? Or do we just give those details to solicitor now to verify?

We are building not buying.

Does anyone know how long it takes roughly for a contractor to be registered for the help to buy scheme?

Got my loan offer today but development won't be completed until after it expires so I'll need to apply again. But the contractor is still going through the process of registering as HTB eligible through Revenue. I'm just concerned about the HTB scheme not being renewed in 2023 :/

Hello,

I am in a similar situation with my HTB application.

Context:

I am new to this whole house-buying thing in Ireland. My mortgage is approved by BOI and I am about to reserve a new build.

For my HTB application, revenue did not make it easier for me by having technical issues with creating a statement of liability, this is yet to be resolved. I paid an external accountant to file my returns on my behalf and I eventually got a tax clearance. Mind you the technical issue on revenue is still not resolved. They have been at it for close the three months now. Multiple emails and phone calls later I just get bounced around from one department to the other. Sometimes the phone gets disconnected after hearing my issue.

Now as per the rule I have to include my wife on the HTB application as she is part of the mortgage(because BOI says it is mandatory). But when I add her to the HTB group application she is mandated to choose a year of her tax year to be included in the claim. Now my previous year's tax is enough to cover the whole eligible amount of €30k. She is new to the country which is why she has no previous employment or tax history and cant choose a year as it says the previous year's statement of liability is not generated.

Question:

How do we get her name to be included on the HTB application without the need for selecting previous years while making the HTB application?When I made the HTB application as an individual I got approval for the full €30k. Any suggestions on how this conflict can be resolved?

Appreciate any help I can get in this regard. Thanks in advance

Hi,

Were your accounts connected to each other before that? As in for joint assessments?

Ours are not connected yet due to some issues from the revenue side. She tried changing her civil status to married and inputting my PPS number, but it is not getting reflected for some reason. Have logged inquiries with revenue to rectify that. Hope that will sort it out.

Thank you for your response.

That makes sense. I have made a request to be jointly assessed and called them too. They said it should be done in a few days.

Really appreciate your prompt response. Many thanks

I am planning to buy a property this year but only can claim HTB of 2021 if I claim HTB this year. Now builder would like to sign contracts this year but it is unlikely we will be getting the house this year. Can we apply new application next year with 2022 tax as well to get more HTB even if contract is signed this year and 10% deposit also paid. There would still be a lot of gap between mortgage approval and 10% deposit that HTB can help with next year.

Next year at claim stage, if contract sign date is of few months old and 10% deposit already paid is mentioned in the form, HTB can still be granted?

Have the same problem... have either application code / expiry date and the max amount OR application code / max amaunt and my name... but the broker said i need to have all on one, and that document doesnt exist (opr at least i cannot find it anywhere). Contacted revenue but not sure how long it's gonna take them to reply.

Thanks for the reply. Did you have to wait for it / send a separate enquiry or did you get it at the same time as the other correspondence (in revenue record)? It's not there in my case (i'm self-eployed if that makes any difference). Got the other ones on the 29th, but still nothing in 'my enquiries' :/

I'm not sure to be honest, I had queried it with the bank when they asked me for it and they told me where to find the relevant info. There is a pdf online that has loads of FAQs around the HTB, maybe the answer could be there? Sorry I can't be of more help, I'm not self employed 😞

They are not very quick at responding as people might have previously experienced with them,I lodged our application to see how much we would be eligible for about 3 weeks ago and got response in ‘my enquiries’ just this week advising amount we are eligible for. This however was after lodging 2 queries as it looked like the application was stuck as it didn’t change from ‘application membership confirmation’ or something to that effect on both our revenue accounts. My first query wasn’t replied to for a week until I chased for a response.

Just got a reply from the HTB team few days back.

If someone need HTB on priority then they should raise an enquiry mentioning the same along with attaching the copy of AIP, contact details of the contractor, receipt of the amount paid for reserving the property(this one I sent, not sure if it made the difference).

And also just check the "statement of liability" for the years you are raising the request. If any of the years show "underpayment". Pay that before sending the enquiry!

Hope it helps!

I am planning to buy a property this year but only can claim HTB of 2021 if I claim HTB this year. Now builder would like to sign contracts this year but it is unlikely we will be getting the house this year. Can we apply new application next year with 2022 tax as well to get more HTB even if contract is signed this year and 10% deposit also paid. There would still be a lot of gap between mortgage approval and 10% deposit that HTB can help with next year.

Next year at claim stage, if contract sign date is of few months old and 10% deposit already paid is mentioned in the form, HTB can still be granted?