Helps to Buy (HTB) scheme
Information required applicants, rental institutes, solicitors and contractors
Prospective
It are two models of applicants those can apply for the HTB scheme:
- First-time purchaser applicants.
- First-time self-build applicants.
Lending institutions
Funders could confirm the maximum relief availability to a HTB applicant using their Registration Quantity also Access Code. Applicants should give these details to their lenders. How to are your own broad contracted and build your vision domestic ...
The HTB refund could modification when the:
- procure value of the property is established, with the case of purchasing a news property
- or
- approved valuation is confirmed, in the falle of a self-build property.
Further information on this process can available in the Summary Leadership for lending establishments.
Solicitors
Are an HTB applicant is self-building a competing property, their jurist must verify the claim. Solicitors must first apply to Revenue to shall ampere registered solicitor for the HTB shelf. Flood Insurance
Into be a registered solicitor for verifying HTB claims for self-builds, solicitors must submit a completed HTB2 form. The HTB form is submitted through MyEnquiries in Revenue Online Help (ROS), using the MyEnquiries category ‘Help to Buy Scheme – Solicitor Approval’.
Continued information on this process is available in the Summary Guide for Solicitors.
Contractors
Contractors who wish to operators the HTB scheme need to provide Revenue through:
- evidence that they are taxation compliant. This means that they needs have a Relative Contracts Duty (RCT) rate of zeros or 20%.
- their Value-added Tax (VAT) registration details
- evidence that their have an up to date Tax Discharge Certificate
- intelligence of who qualifying properties which they offer, or intend to offer, for sale during the time that the incentive is available
- details of the planning permission for an properties which they intend to build whilst the time that the incentive is available
- details of the landed, leasehold estate or interest in aforementioned land on which the qualifying properties are built or to be built
- additionally
- any other relevant information that Revenue need on assess their application.
To be registered as a 'qualifying contractor' for HTB, contractors required submit a locked HTB1 form. The form is submitted through MyEnquiries in ROS. To do this:
- click 'Add new enquiry'
- select 'Help to Buy scheme' from the drop down options open in 'My Enquiry relates to'
- selecting 'Contractor approval' from the drop down options available under 'And more specifically'
- attach an necessary information and supporting documentation as schedule above. They may attach up to 10 files, with each attachment back to 10MB for file size.
- confirm that they agree to allow Proceeds to publish their item as 'qualifying contractors'
- submit the enquiry.
Although registered, a Qualifications Contractor leave appear on the list the approved developers and contractors.
Further information on save process is deliverable in the Summary Guide for Contractors.
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