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Who was that with?

No it doesn't not. A new amendment is required

Interesting. I am wondering if they would buy my affordable housing home? Not at market value, but enough to give me some equity so I can trade up as we are out growing our home.

Does anyone know if anyone the council's are buying apartments and houses from market to provide social housing?

I sold mine. Quick summary. If affordable housing is under 10 years. Council will get 100% of profit. You will get back capital you paid off mortgage. If property is under the 20 years you get back a small precentage of profits. 10% for each year over ten years. If did it again i would not do...

I have received feedback from the housing minister that section 5 of the Housing (Miscellaneous Provisions) Act 2009 was admend to faciliate this, but is only for the new scheme I am not convinced so have gone back for clarification.

Thanks mrsmoo. Will bring this to the council's attention.

Reading this act is confusing.. council have agreed to a remortgage. But they want to be first priority and bank the second.. To me the below reads the council will have the first charge and bank will be second and this same message I've gotten from the council. So still in same position that...

Thanks I'll look into it. Currently have it escalated up to housing miniaters office through my local TD. Found the act mentioned above, still not 100% http://www.irishstatutebook.ie/eli/2009/act/22/section/88/enacted/en/html

Been looking into it further. You can remortgage but. He council want to become 1st priority in the charge order and bank then becomes 2nd. No bank will agree to be second and let council get thier cut first. So basic means we can not remortgage.

Like above reader. Its old post. But has anyone been successful getting a remortgage on an A/ah house

Sound like the general advice is to leave with my old employees. Due to saving on fees. Are the fees going to be that high? My thinking for moving it to a prsa or prb was to take control of it. Open up my options for down the road. Like taking lump sum in my 50s.

I am changing jobs. I am only 35 and have 80k in my current employee pension. I want to move this to either prsa or prb. But not sure what will give best return and best options Any advice be great thanks

I am about to start the process of selling my affordable apartment and would like to hear from people that have gone thought process. I am lucky that the market value is in around what i paid for it and any profit will go to the council, as the ownership is less then 10 years. Did anyone just...

i probably is, but as owners we should have the say. have AGM this month it will be an interesting topic

ive worked out the clawback as per the contract and i would owe them the balance, unless there is nothing in the conditions of sale on the deeds. i am currently looking into getting a copy of this

thanks, it can not be seen from the common areas, only from the adjoining lands..

we have been told by the management comp nay to remove our satellite, but my understanding of the lease, which says the lands at views the apartments and satellite is an empty field with no other dwells facing onto it except ours. what does "retained lands" mean? i would think any land what has...

I am looking into selling my affordable housing apartment this year. Just looking at the property deeds and their is no mention of it being an affordable housing apt or the the council's name mentioned anywhere on it. So could I sell and keep the claw back? I have seen other deeds from friends...

Hi, there has been many questions about clawback and what people need to pay or not pay and i can still not get a correct answer, also noticed that alot of the information about affordable housing is gone. here is my situation. Market value in 2009 was 420k purchased price in 2009 was 260k...