Oireachtas Joint and Select Committees
Tuesday, 17 June 2014
Joint Oireachtas Committee on Environment, Culture and the Gaeltacht
Current Housing Demand: Discussion (Resumed)
3:45 pm
Mr. Michael Layde:
I apologise. Like all affordable home schemes, shared ownership no longer exists, having been stood down, but legacy issues remain. A considerable number of people are in shared ownership arrangements with standard local authority mortgages or commercial mortgages. Mortgage distress is an issue that the Government has been attempting to deal with in recent years. The private sector has the mortgage arrears resolution process, MARP. The key report-----