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Clawback reduction affordable housing

  • 18-12-2020 12:44am
    #1
    Saltseller
    Registered Users, Registered Users 2 Posts: 1 ✭


    Has anyone sold an affordable housing property after 10 years? Did you get a clawback % reduction? What council were you with?

    I’m trying to sell my affordable apartment that I bought in 2008. I expected a 20% clawback reduction for the 2 years I’ve lived there over 10 years. We are selling above the original purchase price, but below the original market value. DLRCC there is no clawback reduction.

    Anyone else any experience of this? I see from an older thread here that someone with DCC did get a 10% reduction after 11 years. Would really appreciate any details of recent experience with any council.


Comments

  • #2
    Wookie18
    Registered Users, Registered Users 2 Posts: 5 ✭Wookie18


    Saltseller wrote: »
    Has anyone sold an affordable housing property after 10 years? Did you get a clawback % reduction? What council were you with?

    I’m trying to sell my affordable apartment that I bought in 2008. I expected a 20% clawback reduction for the 2 years I’ve lived there over 10 years. We are selling above the original purchase price, but below the original market value. DLRCC there is no clawback reduction.

    Anyone else any experience of this? I see from an older thread here that someone with DCC did get a 10% reduction after 11 years. Would really appreciate any details of recent experience with any council.

    I'm in the same position.... How to you get on with dlrcc?


  • #3
    billyhead
    Registered Users, Registered Users 2 Posts: 10,266 ✭✭✭✭billyhead


    I'd also be interested in an answer to this query if anyone knows.


  • #4
    Louise AC
    Registered Users, Registered Users 2 Posts: 2 ✭Louise AC


    Hi I'm just wondering if you sold your house after and what way it worked out please



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