Allied Irish Banks PLC
Wednesday, 14 October 2026
Byrne Wallace Shields LLP is delighted to have advised Allied Irish Banks, p.l.c. in connection with a loan facility to Sayvale Homes relating to the development of 99 residential units in Castlebar, Co. Mayo.
The project represents a valuable offering to housing supply in the Western region as these new homes fall within the eligibility criteria for the Starter Home Programmes which include the First Home Scheme, the Starter Home Purchase Scheme, and the Help to Buy Scheme. AIB is proud to support the delivery of these high quality A-rated homes and looks forward to supporting further sustainable development projects, delivering much needed housing nationwide.
Sayvale Homes expect to deliver over 500 new homes across various counties in Ireland over the next 30 months, all falling within the Help to Buy scheme price bracket at a time when delivery of quality residential homes remains a national objective.
The Byrne Wallace Shields LLP team who advised on the deal include Paraic O'Kennedy and John Crowe (Banking & Finance), James Kelly (Property) and Conor Henry (Construction).
