First time buyers can now own home in Tullamore for remarkably low monthly amount

Ger Scully

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Ger Scully

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editor@tullamoretribune.ie

TT1209GS

The interior of a home in the Silverbrook development

First time buyers can now own their own home in Tullamore for a remarkably low amount.

It will cost €762 per month with the improved help to buy scheme.

Sherry FitzGerald Lewis Hamill have seen performance on their Silverbrook scheme grow stronger week on week. Phase one which consisted of 24 houses is now sold out.

The team in Tullamore launched Phase 2 in the middle of July and have already seen 5 of the 10, three bedroom semi -detached units sale agreed from the plans.

Building is well under way and an expected completion of these homes will be in approximately six weeks. Phase 3 comprising a mixture of 3 and 4 bedroom semi -detached houses and four larger corner three bedroom semi detached homes will be launched in October of this year.

Aside from the influx of new buyers who are now coming from of the Dublin market, many people availing of remote working with the high speed broadband available which is a huge deciding factor. The recent changes in the Help To Buy scheme has seen an additional boost in activity with the new scheme now offering 10 per cent back.

The overall monthly repayment comes at €762 under the new scheme, this is a far cry from the €1300/€1400 per month these new homes would be expected to fetch on the rental market.

If you are considering applying for the scheme you will need a minimum deposit of ten percent of the house price, a further ten per cent can be claimed back from Revenue(Help to Buy Scheme)

New home- owners in the scheme will also see savings in their energy costs with each home coming with a BER rating of A2/A3.

Contact Hilary or Breda at Sherry FitzGerald Lewis Hamill for more information. info@sflewishamill.ie 0579320862