Grants & Finance
All of our homes qualify for a variety of grants and special mortgages with the leading financial institutions.
At Wexford Low Energy Homes we pride ourselves in our low-energy credentials. Building homes with some of the lowest energy ratings in the country. This ensures all our homes qualify for Green Mortgages offered by all financial institutions.
The government offers a range of Grants and Schemes to assist first time buyers purchase a new home. Our homes qualify for all these grants also.
Grants
Help to Buy Scheme
The Help to Buy (HTB) scheme is an incentive for first-time buyers to help with their deposit for purchasing or self-building a new home. Those availing of the scheme must purchase or self-build the property to live in as their home. Those who meet the required conditions will receive a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in Ireland. The refund will be from the four tax years prior to when the person made their application.
Under changes made to the scheme in 2020, the maximum payment is €30,000 under the enhanced relief. The cap applies per property rather than per applicant regardless of how many people enter a contract.
You can get more information at: https://www.gov.ie/en/service/bc9df-help-to-buy-htb-scheme/
First Home Scheme
The First Home Scheme aims to support eligible first-time buyers and Fresh Start applicants by bridging the gap between their deposit and mortgage, and the private market price of the new home (subject to regional price ceilings).
The First Home Scheme is open for applications. For more information on the scheme and how to apply, please follow this link. https://www.gov.ie/en/service/982d6-first-home-scheme/
Local Authority Home Loan Scheme
The Local Authority Home Loan is a government-backed mortgage for first-time buyers or ‘Fresh Start’ applicants. It is available nationwide from all local authorities for those on modest or low incomes who cannot get sufficient funding from regulated financial providers to purchase or build a home. Eligible first-time buyers can apply for a Local Authority Home Loan to purchase a new or second-hand property, or to build their own home.
A ‘Fresh Start’ principle applies to the Local Authority Home Loan Scheme. This means that people who are divorced or separated and have no interest in the family home, or who have undergone insolvency proceedings, are eligible to apply under this Scheme. It is available nationwide from all local authorities.
Finance
Our homes also qualify for Green Mortgages from all the main banks and Financial Institutions.
AIB offers their lowest fixed rate of interest for higher energy-rated homes - Green Fixed Rate from just 3.65% (January 2024)
Bank of Ireland offers a discount of 0.30% on any of their fixed-rate mortgage options or higher energy-rated homes
Permanent TSB are offering their Green 5 Year Fixed Rate mortgage for higher energy-rated homes with rates from just 3.95%
EBS offer a 4 year fixed rate for their Green Mortgage with a €2,000 cashback for some borrowers.
We also have homeowners who have mortgages with Enniscorthy Credit Union.
and other mortgage providers include
Haven
ICS Mortgages
Avant Money
Finance Ireland Residential Mortgages
Be sure to ask your mortgage broker or bank about these fantastic supports and grants.
If you’re looking for a local broker we suggest contacting:
Ashmore Mortgage and Finacial Services Limited
1st Floor, 10 Templeshannon Quay, Enniscorthy, Co Wexford, Y21 A8X5
053 92 43390
