Local authority loans are available to owner-occupiers towards the cost of necessary works to improve, repair or extend their existing houses.
You may be eligible for a local authority home improvement loan if you can show the local authority that you cannot get a loan from a bank or building society and:
Note that the income test only applies to the first category; if you are covered by the second, third or fourth category you are exempt from the income test.
If your gross income before tax in the last income tax year was €40,000 or less, you are eligible.
Multiply the gross income (before tax) of the higher earner in the last income tax year by 2.5 and add the gross income of the other earner in the last income tax year. If the answer is €100,000 or less, you are eligible.
The maximum improvement loans are:
A variable interest rate applies on these loans.
Download an application form from your local authority's website.
If you have a question relating to this topic you can contact the Citizens Information Phone Service on 0761 07 4000 (Monday to Friday, 9am to 8pm) or you can visit your local Citizens Information Centre.