Incentivise first-time buyers to purchase vacant properties – Galway TD

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Galway Daily news Almost 1,000 households in Galway waiting over 7 years for social housing

If the Government are serious about housing and rejuvenating vacant properties, they need to incentivise first-time buyers to purchase vacant properties.

That’s according to Galway East TD Seán Canney, who says there are many vacant properties in every town and village and that these villages and towns are in decline.

“There is a new focus on remote working and the evidence is that young working couples are prepared to move to our towns and villages,” said the Independent TD.

“Incentives including a targeted Help to Buy Scheme and a State backed mortgage together with a vat refund scheme would entice young couples to invest in vacant properties and convert those vacant buildings into modern vibrant living spaces.”

Deputy Canney said that this would revitalise the towns and communities and achieve affordable living in sustainable communities.

“To address the housing crisis, we need to look beyond new built houses as the solution is in our vacant properties.

“This Government will reap the benefits with regional development, but they need to lead the way,” he added.