Kevin Humphreys (Dublin South East, Labour) | Oireachtas source

It is interesting that the assistant secretary mentioned the mortgage-to-rent scheme. Financial institutions claim there are severe blockages with mortgages-to-rent and said "There are too many players at the table." That sounds like an excuse to me. Let us look at the delivery of the mortgage-to-rent sector. The sub-prime lenders have been better at dealing with mortgage-to-rent cases and have a 38:1 comparison with the Bank of Ireland. Only one mortgage-to-rent case came from the Bank of Ireland yet the sub-prime lenders have provided 38 mortgage-to-rent cases.

Are there too many players at the table? Do the terms and conditions imposed stop mortgage-to-rent options being availed of? Why do sub-prime lenders deal with the option much better than our own financial institutions?