I’ve heard of the Government’s First Home Shared Equity Scheme. Where can I find out more?

The First Home Shared Equity Scheme helps people buying or building a home for the first time and people making a fresh start in their lives, to bridge the gap between what they can afford to pay for a home and its market value.

It’s a new scheme between the Government and banks, whereby you can apply for up to 30% of the value of a self build or newly built property in a private development.

The scheme takes a % share, to make it a shared equity owned property, through combination of a traditional mortgage and equity. For more information on the First Home Shared Equity Scheme please visit www.firsthomescheme.ie.

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