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Help To Buy Scheme Could Be Extended To Derelict Buildings

The proposals include a 10% tax rebate for first-time buyers.

Plans to extend the Help to Buy scheme to derelict properties is being considered by government.

That's according to Junior Housing Minister and Longford-Westmeath TD Peter Burke, who says it's being examined for the upcoming budget.

Under the scheme, first-time buyers can claim a 10 percent tax rebate, which caps at €30,000, on the purchase of a new home with a total value of up to €500,000.

Speaking at the National Ploughing Championship in Laois, the Fine Gael TD says the government is cautious of fueling the marketplace:

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