COMHAIRLE CONTAE ÁTHA CLIATH THEAS
SOUTH DUBLIN COUNTY COUNCIL

MEETING OF TALLAGHT AREA COMMITTEE

Monday, September 23, 2024

QUESTION NO.

QUESTION: Councillor D. Richardson

"Can the Manager report on the purchase of houses for Tenant in situ, and report how long the process is currently taking?"

REPLY:

Since the commencement of the tenant in situ scheme to date, 650 expressions of interest have been received for potential acquisitions.  The current status of our responses to the expressions of interest received is as follows: 

• 114 properties have been purchased
• 105 properties are sale agreed/at conveyancing.
• 49 properties have completed due diligence checks and are at valuation/negotiation stage with a view to purchasing.
• 113 properties at various stages of due diligence and pre-purchase checks.
• 269 properties are not proceeding where offers of alternative accommodation have been made, properties not being suitable, tenants no longer in-situ or miscellaneous other reasons.

Timeframes for completion of conveyance can vary. Individual property purchases can be delayed for a number of reasons such as the owner not having full legal title, planning issues, outstanding property taxes or general contractual conditions of sale not in place. In 2024, the average completion time from the date of sale agreement to close is 30 weeks.