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Listen: Commentators Say Rising Prices Are Cancelling Out The Benefits Of Help To Buy Scheme.

: 07/17/2017 - 16:30

Property experts are warning that rising houses prices are cancelling out the benefits of the help-to-buy scheme.

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

Commentators say the €20,000 offered under the scheme pales is negated by the  €19,000  year-on-year increase in prices.

The average home now costs over €256,000.

Architect Mel Reynolds says the help-to-buy rules need to change:

12reynolds-houses-clip-pq-mmm.mp3, by Ciara Plunkett

 

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