Advice for First-Time Buyers

Quantum is committed to building homes and creating sustainable communities for everyone.

We are delighted to say that many of our schemes are eligible for the Irish governments home-buying initiatives, designed to help individuals and families purchase their own home. These initiatives make it easier than ever for everyone to own a high-quality Quantum home in a convenient and amenity-rich location.

First Time Buyer Incentives

First Home Scheme

Part of the Government’s Housing For All strategy, the First Home Scheme is mainly designed to help first-time buyers bridge the gap between what they're allowed to borrow and what they need to borrow to afford a new-build home.

This is a shared equity scheme in which the Government takes a share in your home in return for providing up to 30% of the property price. This share (subject to property value at the time) can be repaid at any time, or must be repaid if the home is sold.

For more information, see

Enhanced Help to Buy Scheme

The Enhanced Help to Buy Scheme, now extended to the end of 2024, aims to help first-time buyers gain the deposit needed to buy a new-build home.

Borrowers can claim a maximum of 10% of the value of the property or €30,000, whichever is lower. This is a tax rebate scheme and you must have paid the equivalent amount of tax in the preceding four years as your claim. The Enhanced Help to Buy Scheme can be claimed in tandem with the First Home Scheme.

For more information, see

Improved Mortgage Terms

All buyers, including first-time buyers can also now benefit from enhanced mortgage terms recently announced by the Central Bank of Ireland.

From 1 January 2023, prospective buyers can obtain a mortgage of up to four times their salary, up from the strict three times your annual salary in 2022. This is subject to the policies of each bank, and may be based on several factors, including your job, income, saving ability and record, and personal expenditure and overheads.