Over 570 claims of the Help to Buy scheme were approved in the Shannonside region since 2020. The data has been revealed by the Minister for Finance, Paschal Donohoe, in response to a parliamentary question. The Help to Buy incentive is a scheme to assist first-time purchasers with the deposit they need to buy or build a new house or apartment. The Finance Minister issued the figures which broke down the number of claimants, claims approved, and claim amount of the scheme in the past five years.
Co. Roscommon holds the highest number of claims approved in the region at 343, with 629 associated claimants as of 23rd of May. This is followed by Co. Longford, where 125 claims of the scheme were approved since the 1st of January 2020. Co. Leitrim recorded the lowest figure at 111 approvals. €13.4 million was the total value of approved Help to Buy claims in the Shannonside region. Nationally, there were just over 39.600 claims between the 1st of January 2020 to the 23rd of May, at a total value of €995.8 million.
