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Galway TD demands additional supports for first time buyers

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Galway TD demands additional supports for first time buyers

From Galway Bay FM newsroom- A Galway TD says the Government must provide additional supports to first time home buyers due to the increased costs of building.

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Deputy Sean Canney says he's been contacted by many young couples who had their new homes costed and have been approved for a mortgage.

However, he says with the unprecedented rise in costs they cannot proceed with their houses.

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Deputy Canney notes the Society of Charted Surveyors estimate that house building costs have risen by more than 20 percent in the past 4 years.

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He argues the Government could immediately introduce a VAT refund scheme to help first time buyers.

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