TIPS ON BUYING A ‘NEW BUILD’ HOME
Searching for your dream home can be time consuming and sometimes frustrating so to help you on your journey Liam Hargaden of Jordan Auctioneers would like to share his 30 years experience in the market by identifying some key ‘Tips’ below which will help you make that big decision on whether to buy or not to buy. This week Liam will be focussing on New Builds giving you some insight into the process of buying a brand new home.
FIRST HOME SCHEME
The First Home Scheme (FHS) is an affordable housing scheme, which helps support people to buy NEW HOMES. The FHS is a shared equity scheme, where the State and participating banks pay up to 30% of the cost of your new home in return for a stake in your home. If you wish, you can buy back the stake at any time. The scheme is available nationwide for first-time buyers and certain other people who want to buy a new home but can’t afford to. Your income is not assessed for the FHS.