Affordable housing scheme The Affordable Housing Scheme is a scheme to help lower income households in Ireland buy their own home. Local authorities build houses and sell them at cost price to eligible first time buyers on low incomes. Buying Your Local Authority House Local authority tenants of more than one year's standing have a right to buy their home at a discount, either outright or by way of shared ownership. Costs of buying a home in Ireland As well as mortgage payments, there are other costs involved in buying a house which can be significant. Equity release schemes Equity release schemes enable you to turn some of the value of your home into cash. Information on the different types of schemes available and things to bear in mind about equity release. Ground Rent in Ireland Ground rent is still payable on certain properties in Ireland. What is ground rent? How to buy out ground rent on your property. Home-ownership co-operatives Home-ownership co-operatives are a distinct form of self-help organisation in which people work together to provide their own housing. Local authority mortgages Local authorities can provide mortgages to people who cannot get a loan from a building society or bank. Low cost housing sites Local authorities may provide housing sites at low cost to help people in housing need to provide their own housing. Mortgage Allowance Scheme An allowance of 11,450 euro is payable over 5 years to local authority tenants in Ireland or tenant purchasers or some housing association tenants who are buying or building a house with a mortgage. Paying for a home in Ireland Loans for buying a home in Ireland are available from building societies, banks, and local authorities. There are different kinds of mortgages, and tax relief is available on interest payments. Property deeds in Ireland Each time the ownership of a property in Ireland changes (i.e., if the property is sold, if it is transferred to someone else, if it is inherited), a new deed of title is drawn up to record the change. Property deeds and how to register a deed at the Registry of Deeds. Registering a deed at the Land Registry This document discusses the process of registering a deed at the Land Registry. Shared Ownership Scheme This scheme allows a home purchaser in Ireland to buy a proportion of a home to begin with, increasing the proportion in steps until the whole house is owned. While you are buying a proportion, you share ownership with the local authority. Stamp Duty in Ireland Stamp duty in Ireland is a tax that is payable on the transfer of property. This affects new or second-hand houses, apartments, land and housing sites. Rates payable and various categories.
Information supplied by http://www.citizensinformation.ie/
