Do Bank of Ireland offer (or support) Affordable Housing?

At Bank of Ireland we want to help you purchase your first home. We are accepting applications for property purchases under the Local Authority Affordable Purchase Scheme.

What is the Local Authority Affordable Purchase Scheme?

If you are ready to start your journey to owning your own home, the Affordable Purchase Scheme may be an option for you. The Scheme is designed to help you bridge the gap between what you can afford to pay and the price of your new home.

Local authorities will provide access to affordable homes - offering eligible purchasers the chance to buy a newly built home at a price lower than its open market value. In return, the local authority will take a percentage equity share in the home equal to the difference between the open market value of the home and the reduced price paid by you, the purchaser.

For more information visit: Affordable Purchase Scheme | Cost Rental Scheme (affordablehomes.ie) or your local housing authority website.

*Bank of Ireland is not responsible for information on third party sites.

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