Tuesday June 2, 2020

Builders warn extension of grant for first-time buyers is needed

Michael Brennan

Political Editor

17th February, 2019
The Construction Industry Federation’s director of housing Hubert Fitzpatrick

Builders are seeking a five-year extension of the controversial first-time buyers grant of up to €20,000 which is due to end this year.

Under the Help to Buy scheme, around 10,000 first-time buyers have got grants at a cost to the taxpayer of €147 million.

The scheme is due to come to an end on December 31 this year and the government has so far set aside no money for it to continue next year.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The former NTMA head says he is ‘quite alarmed’ at the potential for legal actions over the large number of deaths in nursing homes during the crisis

Michael Brennan | 4 weeks ago

Oil storage in the self-styled ‘Pipeline Crossroads of the World’ is full to the brim, but the black stuff keeps on coming. With much of the world’s economy in a Covid-19 slowdown, at one point last week, benchmark US crude oil was priced at minus $37.63 a barrel

Barry J Whyte | 1 month ago

Every time Donald Trump spoke on the Covid-19 crisis last week, the stock markets plunged by another point

Marion McKeone | 2 months ago