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The First Home Scheme (FHS) is a shared equity program launched in Ireland on 7 July 2022. It aims to help individuals and families looking to purchase a property by providing supplemental funding in the form of an equity share.
Clarence Hotel, Dublin. Eclective (formerly Press Up Hospitality Group) is a cinema, hotel, pub, retail and restaurant operator based in Dublin, Ireland.Ownership is shared between Paddy McKillen, Jr., son of Paddy McKillen, and Matt Ryan.
Equity sharing is another name for shared ownership or co-ownership. It takes one property , more than one owner, and blends them to maximize profit and tax deductions . Typically, the parties find a home and buy it together as co-owners, but sometimes they join to co-own a property one of them already owns.
In addition to financial accessibility, Co-Homeownership promotes social responsibility and community cohesion by encouraging communal living and shared responsibilities. Each participant's investment is safeguarded through clear legal frameworks and flexible exit options, reducing the long-term risks typically associated with shared ownership.
ACCBank plc - sold via trade sale to Rabobank Ireland. ICC Bank plc - sold via trade sale to Bank of Scotland (Ireland). Cablelink - owned by Eircom and RTÉ, sold via trade sale to NTL (and later sold on to Liberty Global Europe). Aer Lingus Group plc. (Irish International Airlines) - listed on the ISE.
Intertrust (formerly Intertrust N.V.) [3] is an international trust and corporate management company based in Amsterdam, Netherlands.In November 2022, it was acquired by Corporation Service Company.
OUTsurance was launched on 28 February 1998 as a wholly owned subsidiary of RMB Holdings to provide short-term insurance to individuals. [3] On 1 January 2000, OUTsurance acquired the First National Insurance group (FNI) from FirstRand in an all share deal that gave RMBH and FirstRand each an interest of 47.5% in the merged entity, with 5% being held by the staff trust.
Shared ownership, also called part buy part rent, is designed for those that cannot afford to buy a home with a mortgage outright. In 2010, in partnership with Santander , Affinity Sutton launched a 95% mortgage deal for customers looking to buy their home through shared ownership. [ 5 ]