AQW 9493/22-27

Ms Kellie Armstrong
Alliance Party
Strangford

Tabled Date: 22/03/2024
Answered On Date: 09/04/2024
Priority Written: No

Question:
To ask the Minister for Communities for a breakdown of the co-ownership band for limits across Northern Ireland.

Answer:

The Property Value Limit (PVL) is the maximum market value of a property that can be purchased through Co Ownership. It is reviewed annually by my Department. The one PVL rate is used for all Northern Ireland, which is currently £195,000.