Dáil Éireann Debate, Tuesday - 18 October 2016
181. Deputy Peter Burke asked the Minister for Finance if one half of a couple owned a house previously and sold it, would the couple be eligible for the first-time buyer's scheme; and if he will make a statement on the matter. [30710/16]
Amharc ar fhreagraIn Budget 2017, I announced a "Help to Buy" initiative which will provide an income tax rebate to first time buyers to assist them in getting the deposit for their first home. In line with the Central Bank's macro-prudential rules, a joint purchase where one person has bought previously is designated as a non-first-time buyer under the initiative. This applies whether the person continues to own the property or has sold it.
Further details will be provided in the Finance Bill.
