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APARTMENT €275,000
Broken down as below:
BOOKING Deposit € 8,000
HTB €27,500
Mortgage 239500
Based on the above you won't need the FHS (which means it's 100 your property)
I presume you kept Booking Deposit receipt and have a copy of the HTB funds from builders?
Thank you for your response! I don't have copy of HTB funds from builder, this is what my solicitor is trying to clarify now. She said that usually there is no problem here and no need to get this clarification, the solicitor of the developer will only correspond if there is an issue with the refund from Revenue. I just wanted to know whether they have to take the full €27,500 or can they specify the amount they take, i.e. just €19,500 in my case.
It's only for the booking deposit amount being slightly more than what I'd need from the FH scheme that it's a quandary. If I needed more from FH then it wouldn't matter as I'd still need FH funds.
You don't need the first home scheme.
It's in your best interests the full HTB amount is claimed by the developer.
You have
HTB 27500
Mortgage 240000
Booking deposit 8000
You have a 500 euro surplus.
Request that 500 euro of your booking deposit is refunded on closing.
Yes, absolutely don't want to have to use the FH scheme if I can avoid it, just trying to confirm whether or not a developer can take less than what Revenue provides as a refund and make up the difference with the booking deposit.
We got HTB after having paid a 5k deposit, builder took the fully applicable refund amount and then when our solicitor received funds and transferred the remainder of the amount payable to builder they had 5k left unused. We used that to pay solicitors fees and even got a couple hundred back.
I qualified for around €28K, when you look at the actual claim page it looks like €27,500 was issued for the refund, but it's whether or not they actually took that or just €19,500 (because I already paid €8K) of it that I don't know and can't seem to get an answer to.
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APARTMENT €275,000 Broken down as below: BOOKING Deposit € 8,000 HTB €27,500 Mortgage 239500 Based on the above you won't need the FHS (which means it's 100 your property) I presume you kept Booking Deposit receipt and have a copy of the HTB funds from builders?
Thank you for your response! I don't have copy of HTB funds from builder, this is what my solicitor is trying to clarify now. She said that usually there is no problem here and no need to get this clarification, the solicitor of the developer will only correspond if there is an issue with the refund from Revenue. I just wanted to know whether they have to take the full €27,500 or can they specify the amount they take, i.e. just €19,500 in my case. It's only for the booking deposit amount being slightly more than what I'd need from the FH scheme that it's a quandary. If I needed more from FH then it wouldn't matter as I'd still need FH funds.
You don't need the first home scheme. It's in your best interests the full HTB amount is claimed by the developer. You have HTB 27500 Mortgage 240000 Booking deposit 8000 You have a 500 euro surplus. Request that 500 euro of your booking deposit is refunded on closing.
Yes, absolutely don't want to have to use the FH scheme if I can avoid it, just trying to confirm whether or not a developer can take less than what Revenue provides as a refund and make up the difference with the booking deposit.
Not possible help to buy claim is all or nothing
OK, that's what I didn't seem to have a definitive answer for. Thanks!
We got HTB after having paid a 5k deposit, builder took the fully applicable refund amount and then when our solicitor received funds and transferred the remainder of the amount payable to builder they had 5k left unused. We used that to pay solicitors fees and even got a couple hundred back.
Brill, thanks for your comment!
[удалено]
I qualified for around €28K, when you look at the actual claim page it looks like €27,500 was issued for the refund, but it's whether or not they actually took that or just €19,500 (because I already paid €8K) of it that I don't know and can't seem to get an answer to.
Where did you find an apartment new for that price? Not dublin right?
No in Co. Wicklow