Just 377 avail of government’s first-time-buyer fund

New Revenue figures reveal low numbers granted refund under the scheme

Minister for Finance Michael Noonan announcing a Deposit Interest Retention Tax

Days after the government signalled new supports for first-time buyers, it has emerged that fewer than 400 borrowers availed of the last scheme designed to help them offset strict Central Bank mortgage lending rules.

Budget 2015 attempted to make a concession to people who were concerned about what were then new Central Bank mortgage lending rules, with Minister for Finance Michael Noonan announcing a Deposit Interest Retention Tax (Dirt) refund for first-time buyers ...