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Major rush to join first-time buyer scheme.

Byline: CRAIG HUGHES

SPECULATION the controversial help-to-buy scheme is going to be scrapped has led to a surge in first-time buyers, it has been claimed.

A new report by MyHome.ie shows a surge in the number of people trying to access the programme.

During his leadership campaign Taoiseach Leo Varadkar said he would be conducting a review of the scheme.

Davy chief economist Conall MacCoille, who authored the new report, said: "The most likely time for an end to that scheme would be January 1, 2018.

"We would expect to see a rush of transactions at the end of the year and then a slowdown early in next year."

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REVIEW Leo Varadkar

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Publication:The Mirror (London, England)
Date:Jul 4, 2017
Words:115
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