Local Authority can develop/acquire land for sale as serviced sites in selected towns and villages.
Must be within the town or village with a population of more than 400 people.
Available at a discount, maximum of €30,000, on the market value of the site.
Qualifying criteria in order of priority are:
- First time buyer/Fresh Start Principle or
- those who are older/have a disability, or
- anyone who is moving from their current home to a town or village.
Quick Guide to the Scheme
Applicant Type/Scheme available to the following
Applicant
Clawback
5 years - 100%
5 to 10 years - 75%
Over 10 years - 0%
Can be considered alongside
LA Homeloan
Help to buy Scheme
Income Threshold
N/A
Property Value
N/A
Type of Property the Scheme applies to
New Home
Self Build
Tenure- do you need to live in the house after completion
Yes