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Shanakiel Cork

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  • 27-11-2006 7:05pm
    #1
    mentalson
    Closed Accounts Posts: 111 ✭✭


    Has anyone been offered a house in Cork Citys affordable housing estate in lower Knocknaheeny. Apparantely 100 will be ready for occupation by Christmas. Did anybody go to the open day last week?


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    #2
    Ogie16
    Registered Users Posts: 143 ✭✭Ogie16


    mentalson wrote:
    Has anyone been offered a house in Cork Citys affordable housing estate in lower Knocknaheeny. Apparantely 100 will be ready for occupation by Christmas. Did anybody go to the open day last week?


    What's the cost of these houses in the scheme?


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    #3
    mentalson
    Closed Accounts Posts: 111 ✭✭mentalson


    €235,000 for the small townhouses.


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    #4
    Ogie16
    Registered Users Posts: 143 ✭✭Ogie16


    In the affordable housing scheme does it matter where you currently live, like can a person in Cork county apply to the the city council or are they tied to appyling to county council only?


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    #5
    mentalson
    Closed Accounts Posts: 111 ✭✭mentalson


    http://www.unison.ie/irish_independent/stories.php3?ca=9&si=1747665&issue_id=15048

    Affordable housing scheme 'is failing'

    Applicants find themselves turned down for mortgages

    HUNDREDS of people who have been approved for affordable housing are finding themselves turned down for a mortgage.

    The scheme was set up to help those on middle or lower incomes get on to the property ladder.

    But new figures obtained by the Irish Independent reveals the initiative is failing to meet its main objectives. Despite this, the Department of Environment and participating councils have ruled out changing the qualifying criteria.

    Single applicants with a good credit history and no loans will be able to borrow a maximum of five times their income.

    However, if a single applicant on the average industrial wage of €31,000 applies for a home, they are likely to get turned down by the banks for the sum they require.

    Edel Kennedy


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