West Cork

Affordable Homes in West Cork

Applications for affordable homes in the West Cork area are managed by the Western Divsion.  It broadly covers the following areas and areas immediately around them: 

• Clonakilty/Skibbereen/Dunmanway/Schull/Bantry/Castletownbere

To Qualify for an Affordable Home

You may qualify for an affordable home, if you:

• Are a first-time buyer (but there are some exceptions, for example if you are divorced or have had to sell a property due to a relationship breakdown)
• 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 depending on the type of scheme.

What is the Qualifying Income Required?

Single income household:

• Multiply your gross income (before tax) in the last income year by 2.5.  If the result is €100,000 or less you are eligible.

Two income household:

• Multiply the gross income (before tax) of the principal (greater) income in the last income tax year by 2.5 and the gross income of the subsidiary (lesser) earner   in the last income tax year.  If the result is €100,000 or less, you are eligible