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The West Wind with Paula Carroll

NOWCandi Staton - Young Hearts Run Free
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25 Applications An Hour For New Help To Buy Scheme

More than 25 applications are being made every hour for the Government's new 'help to buy' scheme.

More than 25 applications are being made every hour for the Government's new 'help to buy' scheme.

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Revenue figures in today's Irish Independent show 519 people have signed up since its launch on Tuesday morning.

Under the deal, first time buyers of new homes are offered a five percent tax rebate to help them save a deposit.

The maximum payout is 20-thousand Euro – meaning the full year cost is expected to be 50 million.

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