Search
20 Feb 2026
Search
20 Feb 2026
Please allow ads as they help fund our trusted local news content.
Kindly add us to your ad blocker whitelist.
If you want further access to Ireland's best local journalism, consider contributing and/or subscribing to our free daily Newsletter .
Support our mission and join our community now.
To continue reading this article, you can subscribe for as little as €0.50 per week which will also give you access to all of our premium content and archived articles!
Alternatively, you can pay €0.50 per article, capped at €1 per day.
Thank you for supporting Ireland's best local journalism!
Prospective homebuyers in Mayo are set to benefit from increased property price limits and revised income thresholds.
Minister Alan Dillon has welcomed the changes to the Local Authority Home Loan and the Local Authority Purchase and Renovation Loan, confirming that the house-price limit for Mayo County Council will rise from €275,000 to €310,000.
The updated limit means more homes across Mayo will now fall within the eligibility criteria for the Government-supported schemes, which are designed to assist first-time buyers who cannot secure sufficient finance from commercial lenders.
“These changes will provide real support to people in Mayo who are looking to buy a home but are struggling to secure sufficient finance from commercial lenders,” Minister Dillon said. “By increasing the property price ceilings and adjusting income thresholds, more individuals and families will now qualify for a Local Authority Loan.”
READ MORE: Planning granted for major ESB power line upgrade in Mayo
The Local Authority Home Loan was launched in January 2022, with the Purchase and Renovation Loan introduced in July 2024. Both initiatives aim to support eligible applicants seeking to get on the property ladder.
“In Mayo, prospective buyers will now be able to purchase homes valued up to €310,000, which reflects the reality of the local housing market,” Minister Dillon added. “This is a meaningful change that will help more people take that first step onto the property ladder.”
The revised limits are due to take effect in the second quarter of 2026. Minister Dillon encouraged anyone considering buying a home in Mayo to review the updated criteria to see if they now qualify under either scheme.
Subscribe or register today to discover more from DonegalLive.ie
Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.
Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.
This publication supports the work of the Press Council of Ireland and Office of the Press Ombudsman, and our staff operate within the Code of Practice of the Press Council. You can obtain a copy of the Code, or contact the Council, at www.presscouncil.ie, Lo-call 1800 208 080 or email: info@presscouncil.ie.
