Dáil debates
Wednesday, 21 November 2012
Topical Issue Debate
Mortgage to Rent Scheme
3:00 pm
Barry Cowen (Laois-Offaly, Fianna Fail) | Oireachtas source
I thank the Minister of State for her response and her efforts in researching the issue and outlining the various figures she mentioned. One or two things jump out at me. I accept her explanation in the sense that while it was initiated in January, it was merely a pilot scheme that was brought nationwide in June and that there are time issues in getting it placed on the table. Based on the Minister of State's answer, this scheme was recognised as a viable option in 546 cases and those people made an application for it to be a solution to the crisis in which they found themselves. While she said that more than 200 are still going through that process, she said that seven might reach a successful conclusion.
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