Local Authority Home Loan

2023 - 2 - 7

More homebuyers now eligible for Local Authority Home Loan (Gov.ie)

It supports creditworthy borrowers who are unable to get finance from commercial banks to buy a home. It can be used for new, second hand or self-build homes.

“I am delighted to announce these improvements to the Local Authority Home Loan which will take effect from 1 March. The Minister for Housing, Local Government and Heritage, Darragh O’Brien, today announced significant improvements to the Local Authority Home Loan that will result in more people being eligible to apply for the State-backed mortgage. "Importantly, building on changes made this time last year we are again increasing the income limit for single applicants so that those earning up to €70,000 who wish to purchase a home can avail of the State backed loan.

Post cover — Image courtesy of "Donegal News"

More homebuyers in Donegal now eligible for Local Authority Home ... (Donegal News)

The Minister for Housing, Local Government and Heritage, Darragh O'Brien TD, today announced significant improvements to the Local Authority Home Loan that ...

“Importantly, building on changes made this time last year we are again increasing the income limit for single applicants so that those earning up to €70,000 who wish to purchase a home can avail of the State backed loan. Speaking after the announcement, Minister O’Brien said, “I am delighted to announce these improvements to the Local Authority Home Loan which will take effect from March 1st. It supports creditworthy borrowers who are unable to get finance from commercial banks to buy a home.

Cabinet approves increase to Local Authority Home Loans in ... (Connacht Tribune Group)

Income limits and house prices are set to increase for people who want to avail of a home-loan from their local authority. Fine Gael housing spokesperson ...

[Breaking News5 hours ago](https://connachttribune.ie/cabinet-approves-increase-to-local-authority-home-loans-in-galway-by-e20000/) [Breaking News5 hours ago](https://connachttribune.ie/galway-public-share-opinions-on-internet-safety-and-inappropriate-content-for-kids/) [Breaking News5 hours ago](https://connachttribune.ie/department-of-housing-issues-correction-to-its-statement-on-house-price-limits-for-galway-increase-is-e10000-not-e20000/) Clarified statement – From 01 March 2023, house price limits for homes in Galway that are eligible for the Local Authority Home Loan will increase by €10,000 from €320,000 to €330,000. [Breaking News5 hours ago](https://connachttribune.ie/catherine-connolly-critical-of-delays-on-report-into-sexual-misconduct-within-defence-forces/) [Breaking News](https://connachttribune.ie/section/breaking-news/)

Homebuyers in Laois eligible for increased Local Authority Home ... (Laois Nationalist)

By Joe Barrett The Minister for Housing, Local Government and Heritage Darragh O'Brien announced improvements to the Local Authority Home Loan that will ...

Speaking after the announcement, Minister O’Brien said: “Supporting home ownership is a key objective for this Government and the increase in eligible house prices coupled with the increase in income limits will mean more people in Laois can access the loan. From Wednesday 1 March house price limits for homes in Laois that are eligible for the Local Authority Home Loan will increase from €250,000 to €275,000. The Local Authority Home Loan supports creditworthy borrowers who are unable to get finance from commercial banks to buy a home.

Changes to State-backed mortgage scheme announced (RTE.ie)

Minister for Housing Darragh O'Brien has announced plans to increase thresholds for a State-backed mortgage scheme for people who cannot get loans to buy ...

€275,000 (€25,000 increase from previous €250,000 limit) – All other local authorities. €320,000 (€10,000 increase from previous €320,000 limit) – Galway city, Cork city, Louth, Meath, Galway county, Cork county. €300,000 (€50,000 increase from previous €250,000 limit) – Limerick, Waterford, Clare, Wexford, Westmeath, Kilkenny.

More homebuyers in Kildare now eligible for the Local Authority ... (Leinster Leader)

The government has announced that more homebuyers in County Kildare are now eligible for the Local Authority Home Loan. Minister for Housing, Local ...

Income limits for joint applicants will increase to €85,000 and the income limit for a single applicant in Kildare will increase to €70,000. The prices of homes eligible for a Loan and income limits of those eligible to apply for a loan are being increased. "Supporting home ownership is a key objective for this Government and the increase in eligible house prices coupled with the increase in income limits will mean more people in Kildare can access the loan."

More homebuyers in Mayo now eligible for local authority home loan ... (Connaught Telegraph)

THE Minister for Housing, Local Government and Heritage, Darragh O'Brien, has announced significant improvements to the local authority home loan that will ...

Said Minister O’Brien: “I am delighted to announce these improvements to the local authority home loan, which will take effect from March 1. The local authority home loan was launched in January 2022 as part of Housing for All. From March 1, house price limits for homes in Mayo that are eligible for the loan will increase by €25,000 from €250,000 to €275,000.

Changes to State-backed Local Authority Home Loan scheme ... (Anglo Celt)

Changes to the Local Authority Home Loan scheme increasing the thresholds for eligibility reflects the “reality” of the housing market, said a local TD.

The changes are set to take effect on 1 March 2023. This is one of the very many good schemes which make homeownership more accessible and it’s important we get that information out to the public. Changes to the Local Authority Home Loan scheme increasing the thresholds for eligibility reflects the “reality” of the housing market, said a local TD.

Local Authority Home Loan

Explore the last week