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Mortgage Allowance Scheme
An allowance of up to €11,450 is payable over a 5 year period to tenants or tenant purchasers of council housing or tenants of houses provided under the voluntary housing Rental Subsidy Scheme to assist them to purchase or have a private house built with a mortgage.
Qualifying Criteria
The following criteria applies:
- You must have a mortgage of at least €38,092.14.
- If you are buying a house under the Shared ownership scheme, you are not eligible for the Mortgage Allowance Scheme.
- The house must be suitable to your needs, meet certain minimum standards and be acceptable to the local authority.
Other Information
A local authority tenant or a tenant purchaser and you want to buy a private house and return your present house to the local authority
A tenant for more than one year of a home provided by a housing association under the Rental Subsidy Scheme and you want to buy a private house and return your present house to the local authority.
