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21/04/2009

Push On Westmeath Affordable Housing

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Westmeath County Council has showcased affordable houses in Mullingar and Kinnegad in a bid to encourage more buyers into the market.

The council also displayed a large number of properties which were purchased by the authority under the Part V provision of the Local Government Planning and Development Act, 2000.

Homes are currently available in several different locations around the county, including two locations in Mullingar, Kinnegad, two locations in Moate, Kilbeggan and Clonmellon.

Other affordable houses are becoming available in Delvin, Castlepollard and Ballymore in the near future.

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Councillor Detty Cornally, Vice Chairman of the Westmeath County Council, said: "Westmeath County Council has approximately 70 houses available for purchase in various locations around the county from Kinnegad in the East of the County to Moate and also including Clonmellon and Kilbeggan.

"The price range represents extremely good value for prospective purchasers with prices ranging from €135,000 to €170,000."

As well as the houses being available in a number of different locations, there are also various styles and sizes of houses available and for very attractive prices.

The houses are priced approximately 20% below that of equivalent houses on the open market.

A number of financial institutions were on hand to advise the perspective purchasers on mortgages.

Westmeath County Council said it is willing to provide mortgages for these properties if the purchaser is unable to get same from a financial institution and can provide a mortgage of up to 97% of the purchase price of the house, provided the applicant meets all the criteria.

(PR/BMcC)

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