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Landlords selling property will have to give tenant option to buy under new scheme

The First Home Scheme is to be amended to include tenants who wish to buy the property when their landlord is selling up.

LEGISLATION IS BEING drawn up to ensure that landlords selling a property must first offer the property for sale to the tenant in situ.

The eviction ban is to be scrapped at the end of this month, Housing Minister Darragh O’Brien announced today. 

While there has been widespread criticism of the decision by Cabinet today, with the minister himself admitting that homelessness figures may rise as a result, a number of new measures the Government hopes will stem the rise were announced today.

One new measure is the roll out of a policy whereby it will be required that a landlord selling a property will first offer it to the tenant on an independent valuation basis for sale. 

First refusal for tenants

The minister said he is moving forward with proposing legislative measures for the ‘first refusal’ plan and administrative changes to the First Home Scheme to enable tenants to buy their property while protecting the landlord’s asset value.

The First Home Scheme, one of the key pillars in the Government’s Housing for All plan, aims to help people to secure a home by providing part of the purchase price of the dwelling in return for a minority equity stake.

The scheme gives funding to buyers of up to 30% of the market value of the property. 

It was launched last year and aims to help first-time buyers afford newly built homes.

Property price caps for every county were increased last year to give more access to the scheme and usually the scheme only applies to newly built homes in a private development. 

This change will mean that the scheme can be used now in for the first time and in limited circumstances for second-hand homes. 

Changes to the First Home Scheme “is quite similar to the arrangements in place in France and it will require legislative underpinning”, said the minister, adding that he wants to see this new policy in place by the summer recess.  

Under the French scheme, the seller is not bound to sell the property to the tenant but merely means that if they decide to sell they are obliged to offer it to the tenant when they put it on the market.

If the owner puts the property on the open market, and they sign a contract of sale with another party, the tenant must be offered the right to buy the property at the price and on the same other terms.

Buying properties for cost rental 

In addition to giving tenants the option to buy from their landlord, O’Brien said today that he is also working with approved housing bodies and local authorities to develop a bespoke ‘cost rental’ model for tenants at risk of homelessness but who are not on social housing supports, so they can continue to rent their homes at existing or market rates.

He said the bespoke cost rental model for tenants at risk of homelessness but who are not on social housing supports will involve an option for housing bodies and local authorities to purchase the property and continue to let it out to the existing tenant at cost rental rates.

O’Brien said the Government today also made a decision to introduce 1,000 target leasing units separate and additional to the current leasing arrangements.

They will be focused at at the homeless community with 600 of those units being delivered this year.

The majority will be one and two bedroom apartments which the minister said are badly needed and will specifically be focused on the homeless community.

Purchase with tenant in situ

The purchase for tenant in situ is to increase to 1,500 purchases this year, with the Government underpinning the finance. O’Brien said this scheme will be accelerated and expanded focusing on people who’ve received notice to quit, who are HAP and RAS tenants. 

There will also be an amendment of the Capital Advance Leasing Facility used by Approved Housing Bodies to assist them in their efforts in delivering social homes. 

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41 Comments
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    Mute MrJohne
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    Jun 16th 2020, 11:43 AM

    this is something to keep an eye on…there is a number of videos surfacing about clashes happening along the border this year.

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    Mute Sean Bradley
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    Jun 16th 2020, 12:22 PM

    @MrJohne: Ya and Trump getting cosy with India, watch this space.

    55
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    Mute Mary Fitzsimons
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    Jun 16th 2020, 1:08 PM

    @MrJohne: this ‘disputed area’ is home to Ladakhis, and going by china’s record with Tibetans , i can assure you they would rather Ladakh be part of India than China

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    Mute Warren Mcdermott
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    Jun 16th 2020, 1:31 PM

    @MrJohne: this is going on alot longer than a year these 2 hav been at each other for awhile and it’s starting to kick off,this was a conflict was that tipped as been a major one if and when it kicked off

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    Mute Crispy Brown
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    Jun 16th 2020, 11:03 PM

    @Sean Bradley: Mentioning Trump in every article is getting boring now.

    49
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    Mute Wendy He
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    Jun 16th 2020, 11:47 PM

    @Mary Fitzsimons: Doubt it. Have you been paying attention to the pandemic in India these days?

    I feel truly sorry for the common Indian people.

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    Mute Tricia G
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    Jun 16th 2020, 11:48 AM

    So China has finally decided to push into the disputed territory….well they’ve been leading up to this for a while. They’re TRYING to trigger a fight because they want that land.

    And they’re probably hoping India will back down. So this all has the hallmarks of a seriously scary conflict between two nuclear powers.

    184
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    Mute Andre le Flohic
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    Jun 16th 2020, 1:56 PM

    @Tricia G: they want to arrive to the sea. Be it through India or Pakistan

    28
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    Mute Wreck Tangle
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    Jun 16th 2020, 2:43 PM

    @Tricia G:

    Bit of a moot point. Why else would a country trigger a fight at a border?

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    Mute Derek Durkin
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    Jun 16th 2020, 10:54 PM

    @Tricia G: China definitely has designs on being the world’s only Superpower and it’s coming if we continue on this trajectory. It’s purchase of assets around the globe is mind blowing. Their ideology is also very prevalent today, in many guises.

    32
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    Mute Seriousnojoke
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    Jun 16th 2020, 11:16 PM

    @Tricia G: I’d say keep an eye on India because they are clearly trying to encroach the north. Conflicts/firing with Pakistan in April, with Nepal last week and now with China? What’s got into them?

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    Mute Brian Ó Dálaigh
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    Jun 16th 2020, 11:51 PM

    @Seriousnojoke: The issue with Pakistan is a direct result of a failure to properly delineate a border between the two countries at their separation and independence. The issues with Nepal (who have been receiving military and economic support from China) and China itself are very much tied into Chinese expansionism. China claims vast swathes of India, (historically, though no longer officially) all of Nepal, Bhutan, northern areas of Myanmar and Vietnam, parts of Tajikistan (which it occupies), parts of Kyrgyzstan, parts of Kazakhstan, (historically, but not officially) all of Mongolia and large chunks of Russia as well as maritime territories disputed with Vietnam, Malaysia and the Philippines on which it is currently constructing military bases. But, yeah, India is the problem…

    39
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    Mute Seriousnojoke
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    Jun 17th 2020, 1:05 AM

    @Brian Ó Dálaigh: Thanks for the history class on ancient China. Will you do one for the Roman Empire or the British Empire? Why should anyone trust for example the UK to expand into their old colonies with any intentions other than influencing and exploiting them for resources and cheap labour?

    By the way, India wasn’t a country in history as it is today. It was a bunch of small kingdoms with different religions and cults scattered all over the place until the Brits came along and combined them for the likes of opium plantations and illegal trades.

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    Mute Brian Ó Dálaigh
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    Jun 17th 2020, 1:57 AM

    @Seriousnojoke: Ancient China? Huh, I never knew the Chinese Communist Party was ancient history, as I am speaking of current Chinese geopolitical claims (those unofficial claims I mentioned are still official ROC (Taiwan) claims, too). Those artificial islands off the shore of the Philippines? Ming Dynasty maybe? You’d know better than me, I guess. And, seeing as we’re talking about modern geopolitics, I’m not sure why you’re bringing up Ancient India. I’m also not really sure why speaking of Ancient China (which I wasn’t) is bad but speaking of Ancient India (which you were) is good for the debate. Likewise, I’m not sure of the relevance of British antics during the days of their empire and modern Chinese occupations of, say, Tajikistan. It almost sounds like you’re trying to deflect.

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    Mute Seriousnojoke
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    Jun 17th 2020, 2:02 AM

    @Brian Ó Dálaigh: Since you’re so unsure about everything maybe get a grip on yourself and read a bit more?

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    Mute Brian Ó Dálaigh
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    Jun 17th 2020, 4:01 AM

    @Seriousnojoke: You’re taking a situation in which there are two parties, applying all guilt to only one and absolving the other of any wrongdoings, blatantly ignoring the historical events leading to the situation and completely ignoring the geopolitical claims of one of the parties. You then launched into verbal diahorrea and ad hominems while at the same time pulling out strawman arguments and interjecting with completely irrelevant trivia. Perhaps you are the one who needs to get a grip and read some more.

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    Mute Carlin Ite
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    Jun 16th 2020, 11:49 AM

    Two nuclear powers with tough guy image leaders one of which has a good relation with trump, what could go wrong.

    87
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    Mute Seriousnojoke
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    Jun 16th 2020, 12:00 PM

    @Carlin Ite: Was thinking the same. The area has been in dispute for decades and right after Trump visited India the conflict escalated. Coincidence? I think not!

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    Mute PV Nevin
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    Jun 16th 2020, 12:17 PM

    @Seriousnojoke:
    Trump confers with Modi over explosive India-China border dispute
    https://www.wsws.org/en/articles/2020/06/08/inch-j08.html

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    Mute Andre le Flohic
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    Jun 16th 2020, 2:00 PM

    @Carlin Ite: for decades India has over 40.000 soldiers in ladakh with planes and tanks and for decades now day I have day out they have stopped China. Ladakhi don’t want to become like tibetans : Chinese second class citizens

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    Mute Seriousnojoke
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    Jun 16th 2020, 11:08 PM

    @PV Nevin: Thanks for sharing, that explains a lot. India recently became provocative in border fights with Pakistan, Nepal and now China. They are very likely to have got the encouragement from Washington since both governments have done a terrible job in the pandemic and badly need deflection and distraction.

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    Mute David Finn
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    Jun 16th 2020, 11:57 AM

    Modi will inevitably back down in the end. India can’t countenance an armed conflict with China – only one winner there. Putin (India’s sometime ally) will not wish to get involved in this, and it would be very unwise to expect any support from Trump’s USA on this. Similar Chinese expansionism in the South China Sea – the building of artificial islands and the like – have been allowed to proceed more or less unchecked for years now despite sabre rattling by a number of countries including the Philippines, Japan, and Vietnam.

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    Mute TL55
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    Jun 16th 2020, 12:12 PM

    @David Finn: They haven’t backed down in the past and will probably be thinking “if we back down now what will the Chinese try next?”
    Some aggression for a while between both sides followed by joint pulling back is the most likely outcome.

    India is the one country in the world with sufficient manpower to match the Chinese so both will try to find away out without losing too much face.

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    Mute Sean Bradley
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    Jun 16th 2020, 12:29 PM

    @David Finn: No I think Trump doesn’t care for the Chinese government and he been speaking kindly of Modi, if it does escalate US army would side with India and help them, after the US elections of course.

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    Mute Bhardwaj44
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    Jun 16th 2020, 1:39 PM

    @David Finn: You are wrong on your assumption. Similar conflict started in Doklam in 2017 and chinese had to back down. We should wait and watch

    16
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    Mute Bhardwaj44
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    Jun 16th 2020, 1:50 PM

    china ccp is trying to divert attention of its people form the crisis their country is going through. Problem withe their government seems they don’t let people know the truth.

    41
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    Mute ed w
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    Jun 16th 2020, 12:23 PM

    now that’s something we can do without

    24
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    Mute Ivan Counihan
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    Jun 16th 2020, 8:51 PM

    Given that you have the Himalaya dividing the two of them a mass invasion is unlikely, but I’d like to see them try. Would be reminiscent of when they tried to invade North Vietnam in 1979. The Chinese called it a victory, but in fact they were beaten 3 to 1 by local hills people

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    Mute Handsome McWonderful
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    Jun 16th 2020, 11:44 PM

    Call me old fashioned but give me fist fight over a full on nuclear apocalypse any day

    20
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    Mute Jangles
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    Jun 17th 2020, 12:03 AM

    @Handsome McWonderful: Yea sure its widely reported that JFK gave Khrushchev a straightener around the back of the UN building in NYC to sort out the Cuban missile crisis.

    10
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    Mute Handsome McWonderful
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    Jun 17th 2020, 8:56 AM

    @Jangles: All diplomatic disputes should be settled by straighteners. Barnier and Boris should go at it mano a mano, and sort out this Brexit mess once and for all.

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    Mute Kartz
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    Jun 16th 2020, 11:42 PM

    20 dead on the Indian side and 43 dead or seriously injured on the Chinese side dead according to Indian media(quoting army intercepts). Attacked each other with iron rods & stones, but reportedly no shot was fired.

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    Mute Bhardwaj44
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    Jun 17th 2020, 9:37 AM

    Some people here look like ccp mouthpiece who want everyone to believe what they say however don’t allow anyone to question( not even their own people) it.
    CCP is more dangerous than corona virus

    10
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    Mute trebloc01
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    Jun 16th 2020, 11:34 PM

    You mean the stop the riots in Hong Kong virus

    7
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    Mute Brian Flavin
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    Jun 16th 2020, 10:50 PM

    WW3

    6
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    Mute Fabio Dillon
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    Jun 17th 2020, 2:07 PM

    @Brian Flavin: already started in Syria years ago

    1
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    Mute Brian Flavin
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    Jun 17th 2020, 10:07 PM

    @Fabio Dillon: not bigger war

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    Mute Seriousnojoke
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    Jun 16th 2020, 11:00 PM

    First with Pakistan, then Nepal, and now China?? India gotta cool his jets and back off from his northern neighbours.

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    Mute Kartz
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    Jun 17th 2020, 12:50 AM

    @Seriousnojoke: Your suggestion has been noted and binned.

    34
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    Mute CryptoWilf
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    Jun 17th 2020, 1:53 AM

    @Seriousnojoke: Errrr, I’m hoping you’re aware of the amount of crazy expansionism in recent years that China has been pulling yeah? They’ve claimed territories belonging to Vietnam and the Philippines, this has all been in the quite recent past.

    I think China are starting to get a bit too confident in their own abilities, and may well find themselves waking up with a crowd around them.

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    Mute Adi
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    Jun 17th 2020, 2:19 AM

    @Seriousnojoke: Its the other way around. India has been a ‘big softie’ for years -tolerating incursions etc for YEARS without retaliating. They consistently turn the other cheek and their agressive neighbours consistantly exploit this. India does not want to go to war. What would happen here if inside our border foriegn troops started making camp and claiming the place as theirs?

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    Mute Adi
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    Jun 17th 2020, 2:25 AM

    @Seriousnojoke: Its the other way around. India has been a ‘big softie’ for years -tolerating incursions etc for YEARS without retaliating. They consistently turn the other cheek and their agressive neighbours consistantly exploit this. India does not want to go to war. What would happen here if inside our border foreign troops started making camp and claiming the place as theirs?

    3
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    Mute Seriousnojoke
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    Jun 17th 2020, 11:02 AM

    @Adi: Indian army initiated unprovoked ceasefire violations in Kashmir against Pakistan TODAY. Tell me why they are acting so aggressive lately. Is it because Modi thinks he has Trump’s support?

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    Mute Bhardwaj44
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    Jun 17th 2020, 2:43 PM

    @Seriousnojoke: Indian Army got support of Modi who got support of people. Now a country has communist and Islamist power as their neighbors so you tell how to deal with them.

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    Mute John Moloney
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    Jun 16th 2020, 11:57 PM

    You know there’s trouble when the photos start to get burned

    5
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    Mute Tim Hamill
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    Jun 17th 2020, 9:17 AM

    @John Moloney: and fly swatters

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    Mute Vinylman_Teaboy
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    Jun 17th 2020, 1:33 PM

    Here we go

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    Mute Angry_Man41
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    Jun 18th 2020, 11:45 PM

    China should conform and not going around the place swaggering like a school yard bully

    1
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