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Budget 2027: €20,000 Tax Refund Increase Proposed for First-Time Buyers of New Homes

Thursday 17 September 2026

A €20,000 tax refund hike is being proposed for first-time buyers of new homes under Budget 2027 to help bridge the affordability gap.

A €20,000 tax refund increase for first-time buyers of new homes is being sought for Budget 2027 to bridge the housing affordability gap.

James Browne is pushing for the substantial increase to the tax refund, which is aimed at helping first-time buyers bridge the growing affordability gap when purchasing newly built properties.

The proposed measure would specifically target the purchase of newly constructed homes. Further details regarding the implementation of the proposed tax refund hike or the outcome of the Budget 2027 negotiations have not yet been finalised.

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