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Irish Mirror
Irish Mirror
National
Anna Catherine Martin

Boost for homebuyers as new government scheme will save Irish people thousands

A landmark new affordable housing scheme is set to benefit middle-income home buyers.

The Irish Independent reported that The First Home shared equity scheme that has €400m funding from the Government, is set to begin in early July.

The scheme is designed to help bridge the gap for those whose income is too low to afford a big enough mortgage for their first home by the State providing an interest-free stake of up to 30%.

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