The Tánaiste and Labour party leader Joan Burton has promised to give cash top-ups to first-time buyers to help them get a mortgage, if the Labour party is elected back into government this spring.
The new scheme called ‘Save To Buy’ will apparently see the government giving top-ups of up to 25%, to peoples savings over a five year period.
The Tánaiste has said that she and Labour are extremely keen to ensure housing for all, saying: “We’ll start with housing by speeding up the supply of affordable homes. “We’ll establish a safe to buy scheme, to give first time buyers a helping hand. “This will give first time buyers a cash top up when saving the deposit for a home.”