The Local Authority Home Loan is a successor scheme to the Rebuilding Ireland Home Loan Scheme and is a Government-backed mortgage for first-time buyers. The scheme will operate in a similar way to previous local authority loan products, by assisting borrowers in securing an affordable, long-term fixed rate mortgage to purchase a home of their own.

               
          
Who can apply?
                            
To be eligible for a Local Authority Home Loan you must:
              

•    be a first-time buyer

•    be aged between 18 and 70 years

•    be in continuous employment for a minimum of two years, as the primary earner or be in continuous employment for a minimum of one year, as a secondary earner (see Temporary Amendments in Light of Economic Impacts of COVID-19 under What is continuous employment? on FAQ page on www.localauthorityhomeloan.ie)

•    have an annual gross income of not more than €65,000 (gross) in counties Cork, Dublin, Galway, Kildare, Louth, Meath and Wicklow and be earning under €50,000 (gross) in all other counties

•    submit two years certified accounts if self-employed

•    provide proof of insufficient mortgage offers of finance from two regulated financial providers

•    not be a current or previous owner of residential property in or outside the Republic of Ireland, unless you are a "Fresh Start" applicant

•    applicants are required to declare that they are first time buyers. They must authorise the Local Authority to conduct such checks as are necessary to confirm this, such as conducting Local Property Tax check.

•    occupy the property as your normal place of residence

•    purchase or self-build a property situated in the Republic of Ireland

•    purchase or self-build a property which does not exceed the maximum market value applicable for the county in which it is located

•    consent to a Central Credit Register check

•    currently have a legal right to reside and work in the State and be able to demonstrate that they are habitually resident in Ireland

 
           
Application Form
Download the application form.
                    

More Information
For more information and to estimate how much you could be eligible to borrow, please see www.localauthorityhomeloan.ie.  You may also contact the national helpdesk at 051 349720 or Wexford County Council Mortgage Department at 053 9196222.