Dáil Éireann Debate, Tuesday - 22 March 2022
336. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage if cash purchases or lump sum purchases above a 10% deposit are permissible under the local authority tenant purchase scheme. [14367/22]
View answerThe Tenant Purchase Scheme is open to eligible tenants, including joint tenants, of local authority houses that are available for sale under the scheme. Applicants must meet certain criteria, including minimum reckonable income and minimum time in receipt of social housing supports, to be eligible.
The financing of a house sold under the scheme is a separate matter from the scheme's eligibility criteria. If the tenant is deemed eligible, they may fund the purchase of a house from one, or a combination, of their own resources, or a mortgage provided by a financial institution, or a local authority house purchase loan.
