The Ash, Golding Green, Kinsealy, Co. Dublin

COMING SOON DNG New Homes is delighted to present Golding Green, a new neighbourhood of 2- & 3-Bedroom A-rated homes in Kinsealy, Co. Dublin, delivered in partnership with Lydon, the Land Development Agency and Fingal County Council. 153 homes at Golding Green are being made available through the Starter Home Purchase Scheme (formerly the Local Authority Affordable Purchase Scheme). The Starter Home Purchase Scheme is designed to support buyers who are ready to begin their journey to home ownership but need help bridging the gap between their mortgage, savings and the full price of a newly built home. Applicants who are eligible under the Fresh Start Principle may also be eligible for the scheme. Applications for the Starter Homes at Golding Green must be made through the Fingal County Council online application portal. Applications will be prioritised on a first come, first served basis, in accordance with the Fingal County Council Scheme of Priority. Golding Green is a new neighbourhood where contemporary design, quality craftsmanship and one of North Dublin’s most sought-after locations come together to create a place you’ll be proud to call home. Nestled within the tranquil surroundings of Kinsealy, Golding Green has been thoughtfully designed to offer more than beautifully crafted homes. It is a vibrant new community where modern living, natural surroundings and timeless character come together to create a truly special place to live. Each home has been carefully considered to maximise natural light, space and comfort, combining energy-efficient design with high-quality finishes and exceptional attention to detail. Attractive streetscapes and surroundings create a welcoming environment where neighbours become friends and families thrive. Perfectly positioned between the coastal villages of Malahide and Portmarnock a short journey to Swords, Dublin Airport and Dublin City Centre, Golding Green offers an enviable lifestyle with everything you need close at hand. Enjoy a morning coffee overlooking the marina in Malahide, stroll along the renowned Velvet Strand, explore the grounds of Malahide Castle or embrace the peace and comfort of home in the quiet surroundings of Kinsealy. Here, every day brings the perfect balance of convenience, community and coastal living. The scheme is available to eligible applicants seeking to purchase a newly built home but who require additional funding to bridge the gap between their mortgage and deposit and the cost of the home. In return, Fingal County Council will take a percentage equity stake in the Starter Home. The Council’s equity stake will be equal to the discount of the purchase price from the full market value of the home. The equity share required will not be less than 5% of the market value of the dwelling. Applications for these new homes at Golding Green must be made through the online portal which will be made available on the Fingal County Council website in the coming weeks. You are eligible for the Starter Home Purchase Scheme if you satisfy the following criteria: 1. You are over 18 years of age. 2. You are a First Time Buyer or qualify under the Fresh Start Principle, or own a dwelling which, because of its size, is not suited to the current accommodation needs of your household. 3. You have not previously purchased or built a home in the Republic of Ireland or elsewhere. Exceptions apply to Fresh Start applicants. 4. Each person included in the application must have the right to reside in Ireland. 5. Your home must be your principal private residence, i.e. you must purchase the home to live in it. 6. You must need an equity stake from Fingal County Council, with the equity share required being not less than 5% of the market value of the dwelling. 7. You must have a minimum deposit of 10% of the affordable purchase price. It is recommended that applicants have mortgage approval in principle prior to applying for the Starter Home Purchase Scheme. Applicants will be required to have mortgage approval at the time their application is assessed. In addition, should Fingal County Council receive more eligible applications than there are properties available, 30% of the properties will be issued to eligible applicants who are or have been resident in the Fingal administrative area for a minimum period of five years, in accordance with the Fingal Scheme of Priority. Applications for Starter Homes at Golding Green will only be accepted via the Fingal County Council online application portal. Further information on the Starter Home Purchase Scheme, the Scheme of Priority, income and savings eligibility, the required documentation and details of how to make an application are available on https://www.fingal.ie/starterhomes STARTER HOME PURCHASE SCHEME The Homes at Golding Green are being made available under The Starter Home Purchase Scheme (formerly the Local Authority Affordable Purchase Scheme), delivered in partnership with The Land Development Agency (LDA) and Fingal County Council (FCC) and built by Lydon. The Starter Home Purchase Scheme is designed to support buyers who are ready to begin their journey to home ownership but need help bridging the gap between their mortgage, savings and the full price of a newly built home. Applicants who are eligible for the Fresh Start Principle may also be eligible for the scheme. Under the Starter Home Purchase Scheme, homes are sold at a reduced price below open market value, with the exact price calculated by the local authority based on your income and mortgage capacity. The local authority contributes the difference between the market value and what you pay, retaining this contribution as an equity share in your home. Each property has a Minimum Sale Price, already set below market value, and you must be able to show you can meet this amount through a combination of mortgage, savings, and (if eligible) the Help to Buy scheme. If your income and borrowing capacity are higher, the purchase price will reflect that. Over time, you can choose to redeem or “buy out” the local authority’s equity share in part or in full, although there is no obligation to do so. Certain events, such as selling your home, will trigger repayment of the equity share, as set out in the Affordable Dwelling Purchase Agreement, which should be reviewed carefully with your solicitor. Note: Under the terms of the Starter Home Purchase Scheme, the upfront cost is reduced for the buyer while Fingal County Council will retain an equity stake WHICH IS REPAYABLE ON THE SALE OF THE PROPERTY OR IN 40 YEARS TIME. Successful applicants have the option of buying out this equity stake over time if they so wish. Equity shares are calculated on an individual basis and are linked to an applicant's income, their savings and their mortgage capacity. These particulars are detailed for the purposes of representing the development only. Visual representations, finishes, layouts and/or scales may be approximate or representative of the development rather than exact specifications of the actual unit. The developer reserves the right to make alterations to the design and specification in the overall interest of the development. These homes will be available at a reduced price for buyers who are seeking to purchase a newly built home but need to bridge the gap between their mortgage and deposit to cover the full price of the home. Those interested in purchasing a home in this Scheme must be able to demonstrate that they can afford to pay the Minimum Sale Price set.