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you need to see over the €307K for the clawback to kick in. all money between 249.8 & €307 goes to the council

I'm pretty sure that you wouldn't get any clawback as that only kicks in if the property sells for above the original property price

I was just thinking that Bobbyg & I was gonna ask you John White have the council not frozen your contract whilst your renting your AH apartment? as I got permission from the council to rent my AH apartment too but they had strict stipulations in place & the first one was that my contract would...

Is anyone here on year 18/19/20 of their contact yet? or is it still too early to be nearing the ends of our contracts. I have 6 full years to go till I'm nearing the end of my contract. when did people first take out these affordable homes? early naughties I'm sure.

Let me know how you get on there too as I've tried that route, I had a lovely councillor helping me but to no avail, but please do try though as you might have better luck than me.

Hi Madge, my thinking would be that unless your property sells for over the original value price of 225K only then will you receive a return of money. if you sell for 225 or under all that money will go to the council. that's the way the clawback works in my contract with dlrcoco. now each...

Is anyone coming close to their 20 year contract coming to an end? I'd be very interested to hear peoples stories on that. I have another 7 years plus on my contract :-(

My contract does of course show the clawback formula & when the clawback was set up in the boom it didn't factor in that there was going to be a big market property crash in the coming years & therefore the clawback still stands almost 20 years later. Any profits made from the sale of my...

Hi Skipper, I guess anything is possible & it could be worth getting a solicitor to look into a bridging loan nearer to the end of the dlrcoco contract for sure, Thanks for the thought. From time to time my head is wrecked as I'm frequently trying to think of ways of how to get out of this...

Well said Easter & best of luck with your move going forward. DLRCOCO have given us the option to rent too but of course they'll freeze the contract while we're renting which is not really a goer for Us as we just wanna get through the contract.

Your right different councils are doing different things. we have no choice but to sweat it out till our contract ends. Are you going to sell before your contract finishes do you think?

We had communication from DLRCOCO in 2019 about our AH property. Our situation seems to be similar to your Easter, Our clawback only kicks in if we sell for over the original market price, otherwise if we sell the council gets everything. Our clawback would be 20% now aswell but the clawback is...

Hi Guys, have any of you actually sold your AH apartments yet or got out of your contract with the council somehow? I have an AH apartment too, I bought it with dlrcoco in 2008. I'm just reading back on your posts that the clawback is applicable after year 10. Surely that doesn't mean that the...

Cant see why not ...

Hi Guys, do you own properties on the AH scheme part V from the boom years? How far into your contract are you? I bought mine in 2008 & the contract is killing me

Not us unfortunately

Thanks red onion, as Leo said in his post I wont be able to afford living in my current area (kids now in school) & I'll need a 20% deposit to buy a second home. We'd have to relocate altogether. That's the loss I'm talking about ... Not many people have much sympathy for us with affordable...

Thats exactly it Leo ... yes by huge loss I mean we wont be able to afford to buy in our area & we'll need a 20% deposited also ...

Hi Leo, thanks for your reply, our property is still €150,000 off the original market price of €510,000. No money at all for us to take from property (council gets it all) unless it sells for over 510000, which it wont of course. I cant find your link to click on ... clawback doesn't work for...