{"id":15028,"date":"2026-10-22T11:22:11","date_gmt":"2026-10-22T11:22:11","guid":{"rendered":"https:\/\/oates.ie\/auctioneers\/?p=15028"},"modified":"2026-10-22T11:22:11","modified_gmt":"2026-10-22T11:22:11","slug":"budget-2027-property-buyers-sellers","status":"publish","type":"post","link":"https:\/\/oates.ie\/auctioneers\/budget-2027-property-buyers-sellers\/","title":{"rendered":"Budget 2027: what it means for buyers, sellers and landlords"},"content":{"rendered":"

Budget 2027 includes several changes that affect people buying, selling, renting or holding property. Here is a plain-English summary of the measures most relevant to our clients in Roscommon, Athlone and the Midlands.<\/p>\n

Help to Buy goes up to \u20ac35,000<\/h2>\n

The maximum Help to Buy relief for first-time buyers of new homes rises by \u20ac5,000, from \u20ac30,000 to \u20ac35,000<\/strong>, with effect from 7 October 2026. If you are buying a newly built home or self-building, this could make a real difference to your deposit.<\/p>\n

More support for renters<\/h2>\n

The rent tax credit rises to \u20ac1,150<\/strong> for individuals and \u20ac2,300<\/strong> for jointly assessed couples, for the 2027 and 2028 tax years. Rent-a-room relief rises from \u20ac14,000 to \u20ac16,000<\/strong> a year from 1 January 2027.<\/p>\n

A new tax on derelict property<\/h2>\n

A new Derelict Property Tax of 7% of a property’s self-assessed value<\/strong> is being introduced. In its first year it applies in towns and cities with a population of 4,000 or more, and it extends to smaller towns in the second year. The first registers are due to be published in September 2027.<\/p>\n

If you own a vacant or run-down property, now is a good time to look at your options. Many buyers in our area are actively looking for homes to renovate.<\/p>\n

Starter homes and social housing<\/h2>\n

The Government has allocated \u20ac9.4 billion to housing for 2027. This includes over \u20ac1 billion for its Starter Homes Programme and funding for 11,250 new-build social homes.<\/p>\n

What this means for you<\/h2>\n