Derelict Home Grants of up to €70,000

With the recent increase in the cost of building materials and labour it is a very uncertain time for people hoping to build their dream home or buy a house to renovate.

In an effort to tackle the housing crisis and encourage growth and regeneration the Government are extending the Croí Cónaithe fund or Vacant Property Refurbishment Grant as it is commonly referred to.

The extension of this grant means that all vacant properties in inner city areas including Cork, Dublin, Galway, and Limerick, all vacant properties in rural towns and villages as well as one-off farmhouses in rural locations will be eligible to receive funding. There are thought to be more than 170,000 eligible properties across Ireland.

The grant is for €30,000 for vacant houses with an additional €20,000 if the home is signed off as derelict by a qualified professional for example an RIAI Architect. The grant can be used to cover both the cost of works to the house, including a limited extension and professional fees. Any costs that exceed this amount are to be covered by the homeowner.

Most importantly the vacant property refurbishment grant can be combined with the existing SEAI grants for upgrading insulation and installing renewable energy offering a potential addition €20,000. A total grant pot of €70,000 for works to derelict homes.

These combined grants represent a great opportunity for first time homeowners to take the initial steps to creating their dream home.

We have summarised the terms and conditions below:

The applicant must be able to prove that the house has been vacant for 2 years.
The house must be built before 1993.
The applicant’s tax affairs must be in order. Local property Tax paid (if applicable).

You must own the property or be in advanced talks with the owner in relation to purchasing the property (and be able to prove it).
There is prioritisation of applications
a) First time buyers or people who qualify under the “fresh Start” principle.
b) Applicants with particular needs.
c) Applicants moving to live in a town or village)
Once the refurbishment/ renovations have taken place the applicant must live in the house. (If you sell the house before 5 years you will have to return the grant money).

The house cannot be rented out.

Architects fees are covered by the grant funds.
An extension under 40sqm (that does not require planning) can be constructed during the renovation process and will be covered by the grant, However if the extension is larger and needs planning for any reason then the associated costs of this extension are not covered by the grant.

Type of Work:
Substructure: foundations, rising walls, floor slabs, damp-proofing.
Superstructure: Walls, chimneys, structural timbers, suspended floors.
Internal walls, stairs, doors, windows, etc.
Roof including- flashing, fascias, soffits, gutters, downpipes.
Services: Plumbing, heating, ventilation, electrical services, telecommunications.
Painting and decoration required because of works carried out.
Extension within the ambit of exempt development under planning regulations, as part of a wider refurbishment.
Necessary external works and site development works carried out within the curtilage of the site

If the cost of works is over the initial €30,000 the applicant can apply for a €20,000 top up if the house is proved to be derelict.
The grant must be approved prior to the work starting.
Grant money is made payable once work is finished and inspected.

Documents you need:
Detailed quote for the proposed works.
A professional report if seeking top up grant for works to a derelict property.
Confirmation that the property is on the Derelict Sites Register, where applicable.

For a full list of conditions and to apply for the grant you can contact your Local Authority – Vacant Homes Office.

Or give us a call directly and we will be happy to assist you. We can review your information or carry out a site visit to determine the viability of the property and discuss its potential