To qualify for an
affordable home, you should:
- be a first-time buyer (but there are some exceptions, for example if you are separated or divorced)
- have enough income to meet your mortgage repayments after you have paid all your other costs
- as a guide, earn between €25,000 and €58,000 if you are applying on your own and up to €75,000 between both of you if you are applying with someone else. These are the approximate limits only – lower and higher income limits may apply.
Affordable housing is for genuine home seekers only. It is not for people looking to make a property investment. If you buy an affordable home, you must live in it. You cannot rent out your home. You may rent out a room under the 'Rent a Room Scheme', provided your home has more than one bedroom.