Saturday October 31, 2020

Labour to offer help to first-time buyers

SSIA-style savings scheme will give a cash top-up when saving for deposit

Michael Brennan

Political Editor

31st January, 2016
Tanaiste Joan Burton Picture: Rollingnews

Tánaiste Joan Burton has promised to set up an SSIA-style savings scheme for first-time home buyers.

It is aimed at Central Bank rules, which require a 20 per cent deposit in return for mortgage approval.

In her televised address at Labour’s national conference, Burton said the ‘Save to Buy’ scheme would give first-time buyers a helping hand.

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