Balmoston, Ballymastone, Donabate | Phase 2
Fingal County Council is partnering with Glenveagh Homes to provide 73 new homes for sale under the Affordable Housing Scheme. The homes are located in Balmoston, Donabate and will be offered for sale to eligible purchasers nominated by Fingal County Council.
The development will consist of:
29 No 2 bedroom Mid-terrace Homes
24 No. 3 bedroom Mid- terrace Homes
20 No. 3 bedroom End- terrace Homes
| Property Type | Number of Homes | Floor Area | Open Market Value | *Minimum Sale Price | *”*Typical Gross Income |
| 2 Bed Mid Terrace (with Parking) | 14 | 87 sqm | €425,000 | €325,000 |
€90,844
|
| 2 Bed Mid Terrace (No Parking) | 15 |
87 sqm
|
€425,000 | €315,000 | €90.844 |
| 3 bed Mid Terrace (with Parking) | 23 | 107 sqm | €460,000 | €345,000 | €96,188 |
| 3 Bed Mid Terrace (no Parking) | 1 | 107 sqm | €460,000 | €335,000 | €96,199 |
| 3 Bed End Terrace (with Parking) | 19 | 105 sqm - 106 sqm | €485,000 | €365,000 | €103,669 |
| 3 Bed End Terrace (no Parking | 1 |
105 sqm - 106 sqm
|
€485,000 | €355,000 | €103,669 |
*the Minimum sale price is the amount that the purchaser must have to be considered eligible for the scheme.
*The gross maximum amounts set out in the table is the maximum income that can be allowed per application. The applicant's proof of income documentation will be assessed by the council.
More information on the Balmoston Development can be viewed here
In order to be eligible to apply for the scheme at Balmoston, Donabate, you must satisfy the below criteria;
- Be over 18 years of age.
- Be a first-time buyer or meet the exceptions under the Fresh Start Principle.
- Your purchasing power must not be more than 95% of the market value of the home.
- To be eligible for a 3-bedroom mid terrace house, your gross household income for the last 12 months should not exceed €103,669
- Each person included in the application must have the right to reside indefinitely in the State. All non-EEA/EU applicants must be legally resident in Ireland for a period of 5 years; or have leave to remain extending to potentially permit 5 years reckonable residence; or have indefinite leave to remain in the State.
- The affordable home must be your normal place of residence, i.e. where you live.
Further information on income that is assessable, including rules around overtime, bonuses and commission, can be viewed here in the Income Assessment Policy Document.
Use this checklist to help you when preparing for your application
- Your full name, date of birth and PPS Number
- Confirmation that you are a First-Time buyer (or Fresh Start applicant)
- Proof of Income
- Proof of right to reside in the Republic of Ireland
- Evidence of your savings and/or deposit
- Stamp 4 Eligibility
- A Mortgage Approval in Principle letter stating the maximum mortgage available to you may be required as part of the process
- Confirmation of eligibility for Help to Buy, if applicable
