Housing

€400m first home scheme to be extended to self-builders

Broadening of scheme means self-building homeowners can claim up to 30 per cent of the total build cost

First home scheme: Fund was set up to help first-time buyers bridge the gap between their mortgage, deposit and the price of a new home as part of the government’s Housing for All strategy. Picture: Bloomberg

The first home scheme is to be extended to self-builders who are constructing their first home.

The €400 million fund was set up to help first-time buyers bridge the gap between their mortgage, deposit and the price of a new home as part of the government’s Housing for All strategy.

The scheme is currently open to those buying newly-built houses and apartments in private developments, and to renters whose landlord is seeking to sell the ...