AQW 9493/22-27 Written question to the Minister for Communities
To ask the Minister for Communities for a breakdown of the co-ownership band for limits across Northern Ireland.
Asked by Kellie Armstrong MLA on 22 March 2024
- Answered
- Written
- Tabled
- 22 March 2024
- Answer due by
- 10 April 2024
- Answered
- 9 April 202418 days after tabling
- Department
- Department for Communities
- Priority question
- No
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.