Unfortunately I don't see the banks position changing on this. Applicants who are receiving the TWSS are excluded from the 3.5 times income affordability ratio, as their job is not considered secure. Is there anything in the announcement this afternoon that suggests otherwise? From the initial narrative on RTE, answer seems to be no.
The Help-to-Buy scheme has increased to 10%, and capped at €30,000 (up from 5% and €20,000). I wonder will this be backdated for applicants who are stuck in no mans land (signed contracts but unable to drawdown due to banks position on TWSS). My wife and I are in this category.