COMHAIRLE CONTAE ÁTHA CLIATH THEAS
SOUTH DUBLIN COUNTY COUNCIL
MEETING OF LUCAN / PALMERSTOWN / NORTH CLONDALKIN AREA COMMITTEE
Tuesday, February 27, 2024
MOTION NO.14
MOTION: Councillor G. O'Connell
To ask for a report on the operation of Housing Acquisitions in the County and to include the number of such transactions in 2023 and to indicate the average time involved from offer to purchase and what are the typical causes of delay and taht a discussion take place.
REPORT:
To date, 546 expressions of interest have been received from current landlords looking to sell their property to the Council with tenants in-situ where notice of termination of tenancy has issued. The current status of our responses to the expressions of interest received is as follows:
- 169 properties have been purchased or are sale agreed/at conveyancing.
- 125 properties have completed due diligence checks and are at valuation/negotiation stage with a view to purchasing.
- 93 properties at various stages of due diligence and pre-purchase checks.
- 159 properties are not proceeding to acquisition where offers of alternative accommodation have been made, properties not being suitable, tenants no being longer in-situ or miscellaneous other reasons.
Timeframes for purchase vary. Individual property purchases can be delayed for various reasons such as the owner not having full legal title, various planning issues, outstanding property taxes, general contractual conditions of sale not in place etc.
The Council is currently reviewing its processes and seeking to secure additional resources as a means of expediting acquisitions through to completion.