DO YOU OWN AN EMPTY PROPERTY?
PETER MCVERRY TRUST IS SEEKING TO
BUY OR LEASE EMPTY HOMES
Peter McVerry Trust is urgently seeking to make contact with the owners of
empty residential properties in Dublin, Kildare and Limerick.
Under two new Government Schemes, the REPAIR AND LEASING SCHEME and the
BUY AND RENEW SCHEME, funding is available to Peter McVerry Trust to get
long-term empty properties back into the housing system.
REPAIR AND LEASING SCHEME
AT A GLANCE This is pre-Covid 19 but it needs to form foundation of increasing the stock of homes for those who are homeless especially children.
Targets residential properties empty or derelict for approximately 1 year.
Grants to property owners of up to €40,000 per unit to get properties back into use.
Lease terms of 10, 15 or 20 years (term dependant on grant value).
State guaranteed rental income for the duration of the lease.
Rental income of up to 85% of current market rates (with grant repayment offset).
Property and tenants managed by Peter McVerry Trust.
Renovation works and contractors can also be managed by Peter McVerry Trust.
Peter McVerry Trust is urgently seeking to make contact with the owners of
empty residential properties in Dublin, Kildare and Limerick.
Under two new Government Schemes, the REPAIR AND LEASING SCHEME and the
BUY AND RENEW SCHEME, funding is available to Peter McVerry Trust to get
long-term empty properties back into the housing system.
BUY AND RENEW SCHEME
AT A GLANCE
Targets residential properties empty or derelict for approximately 1 year.
Properties must be in need of renovation works to comply with rental standards.
Peter McVerry Trust will buy the property from the owner at the market rate.
