Ms Orla Cleary:

We have not done as much recently, and it is probably the same for Clúid. The focus now is on delivering as much housing as we possibly can. From a legal and development perspective, sometimes it can be as difficult to deliver one mortgage-to-rent property as it can be to deliver 70 or 80 properties in a larger scheme. We in Tuath Housing have chosen to concentrate on the bigger picture and on delivering as much as possible. There is some small delivery of mortgage-to-rent properties, but not a great deal recently. Other housing associations are doing much more than us, however, and may be focusing their business plans a bit more around the delivery of the mortgage-to-rent process.

I agree with Mr. O'Gorman that what we have not heard of as much of a need under the mortgage-to-rent process as we did perhaps five or six years ago. It would not be an enormous element of our business model, but I know other housing associations are certainly filling this gap a little better perhaps. This is exactly for the reasons that Mr. O'Gorman mentioned in terms of the properties. We have some in County Galway where there is nothing around them. It is much more difficult to manage situations like that than a scheme of 80 or 100 properties in a city centre. Again, we look to see where our strengths are and what is the best use of resources. For the larger housing associations, it is not always mortgage-to-rent properties, but that is not to say that some of the other associations are not doing it.