Saving for a home loan deposit is a big challenge for first-time buyers in Ireland. The rise in cost of living and rent can make putting together the initial lump sum feel like an uphill battle.

That’s where the Help to Buy Scheme comes in.

What Is the Help to Buy Scheme?

Designed to support first-time buyers purchasing a newly built home or self-build, the Help to Buy (HTB) Scheme is a government initiative. Gain a tax rebate of up to €30,000, or 10% of the property’s value — whichever is lower — the HTB incentive can to be used toward your deposit.

To qualify:

You must be a first-time buyer
The home must be a new build worth up to €500,000
You must live in the property as your principal residence

Apply directly through Revenue.ie. To make the process easier and gain free, expert advice many buyers choose to work with a broker like Irish Mortgage Corporation. The IMC team will help manage the paperwork and timelines.

Why It Makes a Difference

The Help to Buy scheme is a game-changer for home buyers in Ireland. This scheme reduces the amount needed to save out-of-pocket for the initial deposit. Help to Buy can speed up the buying process by making mortgage approval more achievable – especially when combined with the First Home Scheme. The First Home Scheme provides additional support of up to 20%.

A Simple Process That Works

Join buyers across Ireland by using the Help to Buy scheme to unlock homeownership sooner. You can choose a modern, energy-efficient A-rated home with the help of the HTB scheme. Many are surprised at how straightforward the process is.

Once you submit your application through Revenue, you will receive confirmation of eligibility and funding. You apply the rebate directly toward your deposit when you close the sale.

New Builds: A Smart Choice for First-Time Buyers

A key advantage of the Help to Buy Scheme is that it’s specifically for new builds — which often means more than just a new home. These properties are energy-efficient, move-in ready, and often come with warranties and modern layouts ideal for today’s lifestyles.

A new build offers the comfort, space, and efficiency that older homes often lack for first-time buyers who work remotely or starting a family.

Combine It with the Help to Buy Scheme

Many IMC clients benefit from using both the Help to Buy Scheme and First Home Scheme (FHS) together. Help to Buy provides up to 10% of the purchase price back as a tax rebate (capped at €30,000), while FHS can top up your funds with up to 20% more.

We’ll advise you on the best way to structure these supports so you can maximise your eligibility and minimise your mortgage.