Buying Your Local Authority House
If you have been a tenant of a local authority house for at least one year then you may apply to your Local Authority to buy it. There are two Tenant Purchase Schemes, one for those tenants with up to ten years tenancy with the Local Authority (The 1995 Tenant Purchase Scheme), and one for those with more than ten years tenancy (The 2011 Fixed Term Tenant Purchase Scheme).
The Price
The price of the house will be its market value as determined by an independent valuation arranged by the Local Authority in its existing state of repair and condition, minus discounts.
Mortgage
You must first apply for a mortgage with a bank or building society, if you receive two refusals from independent financial institutions you can then apply to your Local Authority Loans Section for a Local Authority mortgage.
Discount
Under the 1995 Tenant Purchase Scheme you will be allowed a discount of 3% of the value of the house for each year of the tenancy of a Local Authority house up to a maximum of 10 years plus € 3,809.
Under the 2011 Fixed Term Tenant Purchase Scheme you will be allowed a discount of 3% of the value of the house for each year of tenancy of a Local Authority House up to a maximum of 15 years.
Selling the House
If you want to sell the house within 20 years of the date you bought on or before you have acquired full ownership, you must get the consent of the Local Authority.
How to Apply
You first need to obtain Pre-loan Approval based on income or have documentary evidence of savings sufficient to purchase the property. You will be issued with an application form on receipt of these items being submitted to the contacts below.
Contacts
In writing or by email only please to:
Florence Caldwell,
Housing Section,
Meath County Council,
County Hall,
Navan,
Co. Meath.
Email: fcaldwell@meathcoco.ie
or
Gráinne Tuomey,
Housing Section,
Meath County Council,
County Hall,
Navan,
Co. Meath.
Email: gtuomey@meathcoco.ie
