Rebuilding Ireland Home Loan

...making home ownership more affordable for first time buyers.

A Rebuilding Ireland Home Loan is a new Government backed mortgage for first time buyers, now available nationwide from your local authority. It can be used to purchase a new or second-hand property or for self-build. A Rebuilding Ireland Home Loan provides up to 90% of the market value of the property. The maximum loan amount is determined by where the property is located.

What is a Rebuilding Ireland Home Loan?

A Rebuilding Ireland Home Loan is a new Government backed mortgage for first time buyers. It is available nationwide from all local authorities from 1st February 2018.

As a first time buyer you can apply for a Rebuilding Ireland Home Loan to purchase a new or second-hand property, or to build your own home.

The loan is a normal Capital and Interest-bearing mortgage which is repaid by direct debit on a monthly basis.

You can borrow up to 90% of the market value of the property.

Maximum market values of the property that can be purchased or self-built are:

  • €320,000 in the counties Cork, Dublin, Galway, Kildare, Louth, Meath and Wicklow, and
  • €250,000 in the rest of the country.

More Info on http://rebuildingirelandhomeloan.ie/