Local authority mortgages

Rules

You may be eligible for a local authority mortgage if you can show the local authority that you cannot get a loan from a bank or building society and you are:

• A first time buyer and
• Your income satisfies the income test - see below

The income test

Single income household

• If your gross income (before tax) in the last income tax year was €50,000 or less, you are eligible.

Two income households

• If your combined gross income (before tax) in the last income tax year was €75,000 or less, you are eligible