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Affordable Housing Scheme - St. Ernan's Rathnew

Wicklow County Council Affordable Housing Scheme – St. Ernan’s, Rathnew, Co. Wicklow.

 

Wicklow County Council is delighted to announce 2 x 3 Bed Terraced Dwellings available at St. Ernan's, Rathnew, Co. Wicklow under the Affordable Housing Scheme.

Please see details of the dwellings below:

 

No. of Units

 

Beds

 

Type

 

House Price/ Open Market Value

 

Minimum House Price

2

3 Bed

Terrace House

€330,000

€280,000


The Affordable Housing Scheme makes local homes available at a reduced price for first-time buyers and Fresh Start applicants, whose combined mortgage and deposit will not cover the market price of a newly built home.

Through the scheme, Wicklow County Council takes a percentage equity stake (share of the ownership) in the home equal to the difference between the open market value of the property and the reduced price paid by the purchaser.

 

The portal will open on the 14th November 2024 at 12 noon please see the link below

https://affordablehousing.wicklowcoco.ie/sternansrathnew

 

The Portal will be open to accept applications from 14th November 2024 at 12 noon until the 13th December 2024.   Applications will not be accepted outside of this period.

 

Please ensure you read the FAQ's which will advise of all documentation that will be required for your application and also will explain how the Affordable Housing Scheme works.  Your application cannot be assessed if we do not receive all the required documentation/information. As the scheme works on a first come basis your application can’t be given a time and ranking until all documentation is received. Ensure you submit the correct contact details all queries will be emailed to  you from the portal.  All queries must be answered.

 

The breakdown of properties and income limits are below

 

House Type

 

No. of

Units

 

Market Value

 

Min. Purchase Price (€)

 

Max Household Income Limit (€)

3 Bed Terrace

2

€330,000

€280,000

€70,538

 

Please see link below to  the Developers Webpage which gives futher information plus house plans.  

https://sternansrathnew.com/

 

Please be advised offers will not be made until January 2025