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House Price Increases Wipe-Out Help To Buy Scheme Aid.

: 07/17/2017 - 10:53

People are paying an extra €19,000 for a home when compared with the same time last year.

New figures in the Irish Independent show the rising cost effectively wipes out any gain from the Government's Help-to-buy scheme.

It gives first time buyers €20,000 towards the cost of a property.

Somewhere in the region of 10% of applications to the scheme are for addresses in Kildare.

The paper also reveals that the average price of a house or apartment now stands at over 256 thousand euro - up 8 percent in the last 12 months.

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