Affordable Housing Initiative Greater Dublin Area-Dublin, Kildare, Meath and Wicklow
- Thread starter NALCED
- Start date
As far as I know Meath coco and Dublin coco were starting to review the applications from today, all the forms had to be in by Friday 02nd March so might be another few days before anyone hears anything.
Not sure about Fingal, there income limit was €55k so I was not eligible to apply to them. They always have to be different, not sure when they're reviewing applications.
C.
Not sure about Fingal, there income limit was €55k so I was not eligible to apply to them. They always have to be different, not sure when they're reviewing applications.
C.
Theres nothing wrong with that, you could end up with your own home out of all this so why not be enthusiastic!
Unfortunately, I've been dealing and not very successfully with Fingal for a year now and they have knocked the enthusiasm out of me
I have applied to Meath co co and Dublin co co so fingers crossed...hope you hear something soon!
c.
Unfortunately, I've been dealing and not very successfully with Fingal for a year now and they have knocked the enthusiasm out of me
I have applied to Meath co co and Dublin co co so fingers crossed...hope you hear something soon!
c.
F
fiesty
Guest
Hi Guys,
Just to give you some encouragment on the affordable home front. I applied to Fingal last year and was approved in the summer, so far I've been offered meakstown, kettles lane, lusk. All of these were apartments even though I specified house, and they were all tiny. I have a young child so I refused all of the above.
The part that gets me (and boy oh boy will I be giving TD's a run for their money when the come canvassing) is that given the clawback on affordable housing it not something that you enter into lightly, yet it seems that about 90% of units are 2 bed shoeboxes! Are the county councils / builders supplying houses for the short term needs of people? It doesn't seem realistic for a single parent like me to live in a two bed that I am more or less tied into for the next twenty years due to financial restrictions. Even if I wanted to trade up to a three bed in ten years time, by the time I'd pay the clawback to fingal I'd be back where I started with insufficant deposit and medium earnings. Really I think they need to introduce minimum sizes on affordable properties and the council should insist that the builders build and finish the affordable houses to the same standard as the rest of the homes in the development. I have seen kitchens with a gas boiler press and only three more for storage! Also regular homes in the development are 1050 sq ft, fully fitted wardrobes in all bedrooms yet the affordable ones are 900sq ft and no fitted wardrobes.
Moaning all done.....My feeling is that affordable houses are too good to last all things considered. My advice is to get saving, get on the list, and gt out there viewing everything on the market, you'll be surprised where affordable houses turn up.
F
Just to give you some encouragment on the affordable home front. I applied to Fingal last year and was approved in the summer, so far I've been offered meakstown, kettles lane, lusk. All of these were apartments even though I specified house, and they were all tiny. I have a young child so I refused all of the above.
The part that gets me (and boy oh boy will I be giving TD's a run for their money when the come canvassing) is that given the clawback on affordable housing it not something that you enter into lightly, yet it seems that about 90% of units are 2 bed shoeboxes! Are the county councils / builders supplying houses for the short term needs of people? It doesn't seem realistic for a single parent like me to live in a two bed that I am more or less tied into for the next twenty years due to financial restrictions. Even if I wanted to trade up to a three bed in ten years time, by the time I'd pay the clawback to fingal I'd be back where I started with insufficant deposit and medium earnings. Really I think they need to introduce minimum sizes on affordable properties and the council should insist that the builders build and finish the affordable houses to the same standard as the rest of the homes in the development. I have seen kitchens with a gas boiler press and only three more for storage! Also regular homes in the development are 1050 sq ft, fully fitted wardrobes in all bedrooms yet the affordable ones are 900sq ft and no fitted wardrobes.
Moaning all done.....My feeling is that affordable houses are too good to last all things considered. My advice is to get saving, get on the list, and gt out there viewing everything on the market, you'll be surprised where affordable houses turn up.
F
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Dunlaoire Rathdown area from their website:
http://www.dlrcoco.ie/
Affordable Housing
This page last updated on March 2nd, 2007
Applications Invited for Affordable Housing
http://www.dlrcoco.ie/
Affordable Housing
This page last updated on March 2nd, 2007
Applications Invited for Affordable Housing
dereko1969
Registered User
- Messages
- 3,046
dun laoghaire - rathdown seem to be picking the worst aspects of the new schemes, this 'new' lottery means that those who've had their applications in for 2 years are treated the same as new people being added to the list now by the recent advertising, their booklet is also very confusing as it is unclear which income limit applies - they have 2 different calculations, one based on single person upper income limit of 40k (and a weird calculation for couples 2.5 x higher income plus once second income must be less than 100k) but the other one is based on whether or not your mortgage repayments would be over 35% of monthly income - how do you know beforehand which will apply if you don't know whether you'll get a 1-bed or 2-bed?
firsttimebuy
Registered User
- Messages
- 129
From my reading of the information the income level of €40, 000 for single earners or €100,000 for couples applies to the apartments they are going to build in Goatstown on the councils land under 1999 affordable housing which will be about 39 apartments. The remainder about 200 apartments in Booterstown, Sandyford, Stepaside and Dun Laoghaire in private developments your eligibility will be assessed on the market value of the apartment and if the monthly mortgage repayments exceed 35% of your net income then you qualify. I think they will allocate 1 beds to single applicants and 2 beds to couples.
dereko1969
Registered User
- Messages
- 3,046
i think you're probably right, i only had time for a quick glance at it yesterday, the guide isn't exactly user-friendly, it seems a bit odd to have different criteria within the same lottery though, don't you think? the south dublin one was way clearer, think they should have looked at that first.
C
confused AH
Guest
Clawback on affordable housing
I have a query if anyone can help me. I purchased a property in dublin under the affordable housing scheme using a shared ownership loan and i understood that if i sold the property i was liable for the clawback. However i went to remortage my property buying out the shared ownership loan for a normal mortgage but the council told me to buy out the shared ownership loan i would have to pay the clawback even though i am not selling the property. I knew nothing about this is there anything i can do.
I have a query if anyone can help me. I purchased a property in dublin under the affordable housing scheme using a shared ownership loan and i understood that if i sold the property i was liable for the clawback. However i went to remortage my property buying out the shared ownership loan for a normal mortgage but the council told me to buy out the shared ownership loan i would have to pay the clawback even though i am not selling the property. I knew nothing about this is there anything i can do.
Re: Clawback on affordable housing
See this post http://www.askaboutmoney.com/showthread.php?t=45120&highlight=affordable+housing
See this post http://www.askaboutmoney.com/showthread.php?t=45120&highlight=affordable+housing
But why should you have to pay the clawback when you re-mortgage that doesn't pay any sense. As you don't have to pay the clawback unless you sell up within 20 years. What happens if you stay in house for 20 years, Who will refund the clawback to you?
Surely this is anti competition if you cannot get a mortgage.
Are you have to pay the clawback back and not the rental equity.
When you avail of shared ownership you get mortgage equity and rental equity.
Lets say you got an home for €200,000
You own 50% so your original mortgage was for €100,000
You pay dcc rent on the 50% that they own. In the past you just had to get a mortgage to buy out Dublin City Councils Share.
However with the Clawback I believe that you only pay the clawback when you sell the property.
Surely this is anti competition if you cannot get a mortgage.
Are you have to pay the clawback back and not the rental equity.
When you avail of shared ownership you get mortgage equity and rental equity.
Lets say you got an home for €200,000
You own 50% so your original mortgage was for €100,000
You pay dcc rent on the 50% that they own. In the past you just had to get a mortgage to buy out Dublin City Councils Share.
However with the Clawback I believe that you only pay the clawback when you sell the property.
Hi, was on to dublin cc today.
they are nearly finished reviewing applicants eligibility. Anyone not eligible will be notified by phone.
the lady said they hope to have the draw for balgriffan/clongriffan done in the next 2 weeks.
also rang meath, they say another 2 weeks also for their properties in slane/dunboyne.
C.
they are nearly finished reviewing applicants eligibility. Anyone not eligible will be notified by phone.
the lady said they hope to have the draw for balgriffan/clongriffan done in the next 2 weeks.
also rang meath, they say another 2 weeks also for their properties in slane/dunboyne.
C.
Hi Anxious,
I think I was roughly 60th with my forms in but I still have heard nothing, I am getting tired of ringing them at this stage because they keep telling me the same story. I really thought I was going to hear something (good or bad) this week but now I am more pessimistic. Will let you know if I hear anything.
I think I was roughly 60th with my forms in but I still have heard nothing, I am getting tired of ringing them at this stage because they keep telling me the same story. I really thought I was going to hear something (good or bad) this week but now I am more pessimistic. Will let you know if I hear anything.
Hi Bobby,
I was also in very early with all my forms, 2 or 3 days after the advertisement appeared in the paper. I have been onto Fingal things are moving very slow. Although the advertisement lead me to believe this was a new scheme and that applications would be considered from 02 March 07, this is not the case. People who applied for Ongar months ago will take priority on this scheme.
I was also in very early with all my forms, 2 or 3 days after the advertisement appeared in the paper. I have been onto Fingal things are moving very slow. Although the advertisement lead me to believe this was a new scheme and that applications would be considered from 02 March 07, this is not the case. People who applied for Ongar months ago will take priority on this scheme.
Hi Norton,
I have only applied to SDCC and have being on to them a few time and they said that it was a seperate initiative and was first come first served, so it's a bit strange that Fingal are operating a different system. I was also under the impression that the closing date was 02 March 07 but SDCC are still taking applications to this day.
I have only applied to SDCC and have being on to them a few time and they said that it was a seperate initiative and was first come first served, so it's a bit strange that Fingal are operating a different system. I was also under the impression that the closing date was 02 March 07 but SDCC are still taking applications to this day.
SDCC have information on their website propertypath.ie
"As of close of business on 03/04/07 a total of 232 completed applications have been received. The processing of applications has commenced. Initially the first 113 eligible applicants will be notified by close of business on Thursday 12/04/07."
"As of close of business on 03/04/07 a total of 232 completed applications have been received. The processing of applications has commenced. Initially the first 113 eligible applicants will be notified by close of business on Thursday 12/04/07."