House Purchase Loan

House Purchase Loan

First Time Buyers of new and second hand homes (and self-build) may apply for a Local Authority House Purchase Loan, up to a maximum of €220,000 over a maximum term of 30 years, subject to lending terms and conditions and who meet the following eligibility criteria:

1First Time Buyers (exceptions may apply e.g. for legally separated or divorced applicants)
2Single applicant's income must be less than €50,000
3Joint applicants combined income must be less than €75,000
4Primary earner must be in continuous employment for at least two years, second applicant must have at least one year's continuous employment.
5Aged between 18 and 70 years (i.e. loan term must cease by the time the borrower reaches 70 years of age).
6Applicants must prove that they have sought a mortgage from two lenders (banks or building societies) and have received inadequate funding offers or refusals from each before making an application for a House Purchase Loan to Offaly County Council.

The maximum loan amount that may be advanced is €220,000 over a maximum term of 30 years, the maximum loan to value (LTV) is 97%, subject to lending terms and conditions and the purchaser's ability to repay.

How to apply:

Complete the application form and return it to:

Housing Department

Offaly County Council

Aras an Chontae

Charleville Road


Co. Offaly

You can obtain a copy of the House Purchase Application Form and Explanatory Notes by clicking on the link to View all forms or you can contact us at tel: 057 9357409 to request a copy.