Well, I had my interview with SDCC today - interesting stuff.
All looks well, Permanent TSB hadnt yet sent out my statement, so I have to send that in when I get it - but Shes happy to put my application through for approval. She said she will be putting me in at €165k (over 25 years) but they may rise this to €185k (and put it over 30 years). The bad news is that the waiting list is currently running at about a year and a half to be offered a property. If you reject your first offer, you go to the bottom of the list and wait a further year and a half.
Something else I did not know. SDCC have 2 different types of affordable housing. The standard one (which I applied for and was interviewed for) and a second one which they call the "Affordable Housing Initiative". This is where a certain amount of properties are released at a certain time of the year, and are allocated using a lottery system. This has to be applied for on a serperate application form (I have no idea why), and applications must be in by a certain closing date. The next closing date is the 20th of this month when they have about 200 properties to sell (no doubt there will be thousands of applications) I am gonna apply for this too, but knowing my record in lotteries, I am not very hopeful!
Further details of this at [broken link removed] and I think they will also be advertising these in the Sunday Papers this weekend.
Oh, and the "Affordable Housing Initiative" properties are to be financed through nominated banks, not directly from SDCC, like the other affordable housing..
J