The local authority can also buy private homes, at a discounted rate linked to the age of the homeowners, and then offer the homeowners a tenancy in a downsizing scheme. Different financial arrangements apply depending on the circumstances but in all cases, the local authority gets the larger house, and the applicant gets a tenancy in a downsizing scheme. He explored the downsizing option and approached City Hall, where housing officer, Pascal O’Leary, talked him through his options. I’ve no regrets.”And he’s heard from his former neighbours that a young family recently moved into his old house. “I’m regularly being contacted by elderly people who are extremely interested in downsizing and looking for support in how to access the scheme.

Source: Irish Examiner September 04, 2021 06:00 UTC