Local Authority Purchase and Renovation Loan
Local Authority Purchase and Renovation Loan (LAPR)
The Local Authority Purchase and Renovation Loan (LAPR) is a government backed mortgage and loan for the purchase and renovation of derelict and non-habitable homes that qualify for the Vacant Property Refurbishment Grant whether derelict, non-habitable or simply vacant.
If you wish to purchase and/or renovate a Vacant Property Refurbishment Grant eligible home but cannot get sufficient funding from commercial lenders you can apply to your local authority for a LAPR.
The amount that you can borrow is dependent on the type of renovation work required and the end of works value of your home.
The 3 project types are
- Vacant property and minor works
- Vacant property and major works
- Derelict (meaning renovation on a property eligible for VPRG Derelict Top-Up)
How to apply
Check your property eligibility
Local Authority Purchase and Renovation Loan application form
Applicants must complete a Local Authority Purchase and Renovation Loan Application Form and return it to:
Local Authority Home Loans, Finance Department, Leitrim County Council, Áras an Chontae, St. Georges Terrace, Carrick on Shannon, Co. Leitrim, N41 PF67
Full details of the Local Authority Home Loan, including eligibility criteria, can be found at Purchase and Renovation Loan.
Contact details
All queries should be directed to www.purchaseandrenovationloan.ie, where prospective applicants can use the Information booklet for information, or where they require further information, use the Contact us form to contact the Local Authority Home Loan team directly, who will answer their query.
Queries for the Local Authority directly can be emailed to laloans@leitrimcoco.ie or by phone 071 9620005