Tenant Incremental Purchase Scheme 2016

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The Tenant (Incremental) Purchase Scheme is a new scheme to let local authority tenants buy their homes.

How does it work?

Under this scheme, you can apply to your local authority to buy your local authority house.  If approved, you must continue to live in the house for as long as you own it.  You will get a discount on the price of the house based on your income.

Your local authority will also place a charge on your house called an ‘incremental purchase charge’. This charge will be equal to the discount you get on the price of the house. The charge will remain in place for 20, 25 or 30 years (depending on the discount given).  Each year, the local authority will reduce the charge by 2%. At the end of the 20, 25 or 30 years, the charge will be zero as long as you obey the terms and conditions of the scheme.

You will be able to resell your house at any time if Dublin City Council agrees.  However, if you sell before the end of the 20, 25 or 30 years, you will have to pay back the value of the outstanding charge on your house to Dublin City Council.

The types of houses not eligible;

  • Apartments and Duplex units
  • Houses specifically designed for occupation by the elderly (senior citizens complexes)
  • Houses that have been specifically designed in a group setting for members of the travelling community
  • Houses managed by a housing body
  • Houses purchased by Dublin City Council under the Rental Accommodation Scheme.
  • Houses purchased by Dublin City Council under the Mortgage to Rent Scheme
  • One bedroom houses
  • Houses that are under-occupied i.e. 3 & 4 & 5 bedroom houses with one occupant

Can I apply?

You can apply for the scheme if you meet the following criteria;

  • Finance - you have the necessary finance in place to purchase the property (via own funds/savings, mortgage approval with a bank/lending institution, or Dublin City Council House Purchase Loan approval).
  • Social Housing support – you must have been getting social housing support for at least one year
  • Income – you must have an annual income of at least €15,000, part of which must be from employment income
  • Anti-social behaviour – no-one living in your house can be engaged in anti-social behaviour
  • Arrears -  you must not have been behind in your rent or Dublin City Council charges for more than 12 weeks in the past three years. If you were, you must have made a payment arrangement with Dublin City Council and be following that arrangement. Your application will be accepted, however, it will not be processed until all arrears are cleared. 
  • You must not have bought a house under an earlier tenant purchase scheme
  • Water charges – you must have paid your water charges

For further information on the scheme please see attached booklet;

Application Form to purchase your home can be downloaded from here;

Contact:  House Purchase Section on;
Email: tenant.purchase@dublincity.ie
Telephone: 2222485 / 2222055 / 2225239  /2222222