Transcription of Donegal County Council
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Donegal County Council
Donegal County Council House Purchase/Construction Loan Who can apply? A person who is: A first time buyer and Aged between 18 and 70 years and Earning under 50,000 as a single applicant or under 75,000 as joint applicants and In the case of the primary earner on the application, in continuous employment for at least two years (this can be self employment) and in the case of the second applicant, (whose income is being relied upon to fund the mortgage repayment), in employment for at least one year and Cannot get adequate finance from a Bank or Building Society to purchase or build a house, May be eligible for a Local Authority Loan. Who is a First Time Buyer? A First Time Buyer is a person, (or, where there is more than one buyer, each of such persons): who has not on any previous occasion, either individually or jointly, purchased or built his/her own behalf a house (in Ireland or abroad) and where the property purchased is occupied by the purchaser, or a person on his behalf, as his/her only or principal place of residence and where no rent, other than rent under the rent-a-room-scheme, is derived from the property for five years af
acquisition of a house by the spouse following the separation or divorce provided that the spouse had, in relation to the former marital home
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