Affordable homeownership: Understanding the Local Authority Home Loan

The Local Authority Home Loan is available nationwide from all local authorities. The loan is a normal Capital and Interest-bearing mortgage which is repaid by direct debit on a monthly basis.

You can borrow up to 90% of the market value of the property. Maximum market values of the property that can be purchased or self-built are:

  • €360,000 in Dublin, Kildare or Wicklow, or
  • €330,000 in Cork, Galway, Louth or Meath, or
  • €300,000 in Clare, Kilkenny, Limerick, Waterford, Westmeath or Wexford, or
  • €275,000 in Carlow, Cavan, Donegal, Kerry, Laois, Leitrim, Longford, Mayo, Monaghan, Offaly, Roscommon, Sligo or Tipperary.

If you have any questions regarding any of the above schemes, please do not hesitate to get in touch with our conveyancing department or call us at 051-874-909 or email us at info@poc.ie.