Search

28 Nov 2021

Laois County Council is lending to low income first time home buyers

Laois County Council is lending to low income first time home buyers

Laois County Council has given loans to seven Laois homebuyers since a new national low interest mortgage scheme opened for business last February.

Rebuilding Ireland Home Loans is a Government-backed loan scheme administered by Laois and other local authorities, for first time buyers who have been refused a loan by banks and other lenders.

By late April in Laois, seven applications had been approved, and three declined.

More than 80 new Laois homes for new council tenants

“A further 15 applications are under consideration,” reports the council’s housing department.

On its introduction, Housing Officer Michael Rainey described the loan scheme as “a last resort” for home buyers and expected “considerable interest” in it.

Details are on the council’s website www.laois.ie

To continue reading this article for FREE,
please kindly register and/or log in.


Registration is absolutely 100% FREE and will help us personalise your experience on our sites. You can also sign up to our carefully curated newsletter(s) to keep up to date with your latest local news!

Register / Login

Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.

Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.