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Kerry councillor reiterating his call for Help to Buy scheme to include second-hand properties

Oct 29, 2022 15:06 By radiokerrynews
Kerry councillor reiterating his call for Help to Buy scheme to include second-hand properties
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A Kerry County Councillor is reiterating his call for the Help to Buy scheme to be extended to cover second-hand properties.

Independent councillor Jackie Healy-Rae brought a motion on the issue before the monthly meeting of Kerry County Council.

The Help to Buy scheme is an incentive for first-time property purchasers that helps them with the deposit needed to purchase or self-build a new house or apartment that will be their primary residence.

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Applicants who meet the required conditions can claim up to €30,000 through the scheme.

Cllr Jackie Healy-Rae is reiterating his call for the Minister for Finance Paschal Donohoe to extend the Help to Buy Scheme to cover second-hand properties.

He says it’s a very good scheme but there are very few new builds in Kerry; he says there are currently 800 properties for sale in the county and just three of these schemes are new properties.

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Cllr Healy-Rae says a first-time buyer is a first-time buyer, adding they shouldn’t have to be buying a new property to avail of this scheme.

The Independent councillor says there are plenty of second-hand properties out there that would be cheaper for couples and that might just need a small bit of work.

He also says by including second-hand properties, it might bring some of the county's vacant stock back into use.

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He called on Kerry County Council to write to the Minister for Finance to ask that the scheme be extended.

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