Dáil Éireann Debate, Thursday - 30 July 2020
317. Deputy Michael Healy-Rae asked the Minister for Finance if the help-to-buy scheme will be extended to first-time buyers buying a second-hand property or home (details supplied); and if he will make a statement on the matter. [20149/20]
View answerAn increase in the supply of new housing remains a priority aim of Government policy.
The Help to Buy (HTB) scheme is specifically designed to encourage an increase in demand for affordable new build homes in order to encourage the construction of an additional supply of such properties.
If HTB were also available for second-hand properties, it would limit the incentive effect on the provision of additional supply.
I have no plans to extend the Help to Buy incentive (HTB) to second-hand properties.
