07/10/2026
What does Budget 2027 it mean for homebuyers and mortgage holders? 🏠
Some welcome measures were announced in Budget 2027, particularly for first-time buyers:
• Help-to-Buy increases from €30,000 to €35,000, providing additional support towards a deposit on qualifying homes.
• Changes to Income Tax and USC should leave many working households with more disposable income.
• The Rent Tax Credit increases to €1,150 per person, offering extra support for renters, including those saving for their first home.
While the increase in Help-to-Buy is positive, affordability and housing supply remain the bigger challenges.
For first-time buyers, it's important to understand not just how much you can borrow, but what you can comfortably afford to repay.
For existing mortgage holders, especially those coming off a fixed rate or currently on a higher variable rate, now is a good time to review your mortgage rather than automatically accepting your lender's next rate.
Even a small difference in interest rate can make a significant difference over the lifetime of a mortgage.
If you'd like to discuss your options, book a call with our mortgage team here: https://lnkd.in/dC7RRi9y
Or complete an assessment here: https://lnkd.in/eAiMXkFF