Peadar Tóibín (Meath West, Sinn Fein) | Oireachtas source

The problem I have is that voluntary repossessions are often recorded as solutions. I have worked with more than 100 people in mortgage distress. Voluntary repossession is often a euphemism for, "There's no choice left for you but to go".

I would like to focus at this point on the mortgage-to-rent scheme. According to the Labour Party, 3,500 people will avail of this scheme. Since last October, 246 have done so, which equates to approximately ten people per county. That is a phenomenally low figure which represents 0.002% of people in mortgage distress. In terms of the State-owned banks, this means 15 homes have gone into-----

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