The number of people availing of the help-to-buy scheme in Clare has increased by more than seven fold in three years.
679 applications in this county were accepted by Revenue last year.
The Help To Buy incentive was first introduced in 2017, and is a tax refund scheme designed to help first time buyers get the deposit needed to buy a newly built home.
Applicants can claim a maximum of 10 percent of the value of the property or €30,000 – whichever is lower.
92 applications in Clare were accepted in the first year of the scheme in 2017 – this more than doubled to 238 in 2018, and nearly doubled again to 446 in 2019.
It climbed even further to 679 last year, meaning nearly 1,500 applications in this county have been accepted in the four year period the incentive has been in place.
While broadly reflecting the rest of the country, the number is lower than all other counties in Munster except Kerry during the same timeframe.
The expanded Help-to-Buy scheme rate of €30,000 is scheduled to run until the end of this year, though it appears likely based on these numbers it’ll be extended beyond that.