The Tenant Purchase Scheme: Path to Owning Your Own Home

Qualifications for the Tenant Purchase Scheme

To qualify for the Tenant Purchase Scheme, you must meet the following criteria:

  • Be a local authority tenant residing in a qualifying local authority property
  • Have a minimal annual income of €12,500
  • Receive social housing supports for at least 10 years (joint applicants must both meet this requirement)
  • Have no engagement in anti-social behavior
  • Maintain a clear rent/ local authority charges record for the past 3 years
  • Have not purchased a home previously through the Tenant Purchase Scheme

How Does the Tenant Purchase Scheme Work?

The Tenant Purchase Scheme involves several steps:

  1. Application Assessment: The local authority assesses your application and requests necessary documentation, such as proof of ability to pay and supporting financial information.
  2. Valuation: A professional valuer assesses your property and provides an evaluation report.
  3. Letter of Offer: The local authority issues a “Letter of Offer” outlining the current market value, discount, price, and terms and conditions. This offer remains valid for 12 months.
  4. Discount Calculation: The discount you receive depends on your gross annual salary, ranging from 40% to 60%.
  5. Incremental Purchase Charge: The local authority places an “Incremental Purchase Charge” on your home, equivalent to the discount received. This charge decreases annually over a period of 20, 25, or 30 years until it reaches 0%.
  6. Documentation and Ownership Transfer: Once all required documentation is in place and agreed upon, the purchase of the property takes place, and ownership is transferred.

Properties Excluded from the Tenant Purchase Scheme

The Tenant Purchase Scheme excludes certain properties, including those designed for the elderly, apartments/duplexes (separate schemes are available), and properties specifically designed for members of the traveling community.

Requirements and Responsibilities of the Tenant Purchase Scheme

To participate in the Tenant Purchase Scheme, you must:

  • Reside in the property as your principal place of residence
  • Be responsible for the maintenance and upkeep of your home
  • Obtain agreement from the local authority if you wish to sell or rent the property, paying back any outstanding charge
  • Secure adequate home insurance for your property

Ezfees Financial – Mortgage & Life Broker Options

At Ezfees Financial, we prioritize making your financial dreams a reality, whether it’s owning your own home or securing your family’s future. Our dedicated advisors provide easy-to-understand financial advice tailored to your unique needs, ensuring a smooth path to long-term financial security. Contact us today at 0818 910800 or email your query to for expert guidance and peace of mind.


The Tenant Purchase Scheme offers eligible local authority tenants the opportunity to purchase their council homes at a discounted price, providing a path to homeownership and future investment. By partnering with Ezfees Financial, you can navigate the Tenant Purchase Scheme with ease and receive expert guidance throughout the process. Contact us today for personalized advice and assistance.

Business Owner Consultation

Your business is your baby, so it deserves protection. Our team of experts will guide you through informed decisions to provide tailored policies. Shield your business against unexpected setbacks and ensure stability, whether you’re a startup or an established corporation. We’ll create a financial plan that will guide the balance of your personal finances and your long-term business goals.

What’s in this for you? Discuss your business finances in confidence with trustworthy advisors to:
1) Create a money management plan to suit your business
2) Align your business and personal objectives
3) Get clarity and validation on your strategies from dedicated Financial Advisors committed to safeguarding your business finances
4) Be advised when you need to speak to Tax Advisors where relevant
5) Obtain guidance onto Owner/Director on Pension planning and legislation
6) Referral to a Life/Business Coach where relevant

Plan for your business’s long-term financial goals:
1. Share your goals with us
2. Create a plan!
3. Gather and submit your information
4. Safeguard your business and your future

Investment Consultation

With low deposit rates and high inflation rates, savings and investment plans are appealing right now. We understand what it’s like to make sacrifices to accelerate your savings goals so you can achieve your dreams. That’s why we provide expert guidance so you can take charge of your future without sacrificing your valuable time.

What’s in this for you? Why you should consider savings and investment plans?
1) The potential for higher returns
2) Flexibility in the amount you save
3) Short, medium and long term options to suit your goals, amounts and terms to save
4) Investment options appropriate to suit your needs and goals

How you can save to secure your dreams:
1. Share your goals with us
2. Create a plan!
3. Gather and submit your information
4. Make your Dreams a reality

Mortgage Consultation

Whether you are a first-time buyer, mover, switcher or looking to invest in a rental property, we have a mortgage solution to fit your unique situation. Over 60 and looking to release equity in your home to support your children, go on that dream holiday or pay off bills? We find the mortgage most suitable for you and your family’s needs and support you through the entire process. You’re guaranteed to find the best mortgage option for your financial needs and goals, with impartial advice and competitive rates.

Clear, simple, actionable advice for all your mortgage needs:
1) First time buyers
2) First Home Scheme/ Local Affordable Authority Scheme
3) Switchers
4) Home Movers
5) Investment Property
6) Self Employed
7) Contract Workers
9) Lifetime Loan (over 60’s equity release)

How you can get started:
1. Share your journey with us
2. Create a plan!
3. Gather and submit your information
4. Make your Dreams a reality

Financial Planning Consultation

Secure your future and that of your loved ones beyond homeownership with life assurance, income protection and pension advice. Whatever your stage of life or money situation, our team of experts will help you make informed decisions to safeguard your financial future.

What’s in this for you? Planning your future, helps make your dreams a reality:
1) Start by creating a money management plan
2) Work with our dedicated Financial Advisors committed to safeguarding your future
3) Helping you get the guidance you need to achieve your long-term financial goals

Safeguard your financial future today:
1. Share your goals with us
2. Create a plan!
3. Gather and submit your information
4. Safeguard your Financial Future