First Home Scheme Extended in Donegal with €25,000 Price Increase

UPDATE: The First Home Scheme has been urgently extended in Donegal and 16 other counties, with a significant price limit increase of €25,000. Effective immediately, the new price ceiling for first-time buyers in Donegal is now €375,000, enabling more potential homeowners to qualify for crucial financial support.

This announcement was made on January 2, 2026, as officials aim to enhance accessibility for first-time buyers amid rising property prices. The scheme is designed to assist those entering the housing market, making homeownership a more attainable goal for many families in the region.

The increase in the price limit reflects ongoing efforts to adapt to the evolving housing landscape. Authorities plan to conduct further reviews of the scheme every six months, with the next assessment scheduled for mid-2026. This proactive approach is intended to ensure the scheme remains relevant and effective in supporting first-time buyers.

The extension and price hike come at a critical time as many individuals and families struggle with housing affordability. The First Home Scheme has already provided significant relief to numerous buyers, and this latest adjustment is expected to expand opportunities even further.

As the housing market continues to fluctuate, watch for updates on how these changes will impact home buying in Donegal and beyond. Officials encourage interested buyers to explore the benefits of the scheme, which is poised to make a substantial difference in the lives of many.

Stay tuned for more developments on this urgent issue as authorities continue to monitor the situation and adjust policies as needed. Share this news with others who may benefit from the First Home Scheme!