Eoin Ó Broin (Dublin Mid West, Sinn Fein) | Oireachtas source

I want to ask questions about the mortgage-to-rent review that was published last week. We all know the scheme has not been a success. There have only been 217 mortgage-to-rent cases completed over six years. I welcome a number of the proposals relating to the scheme. These should assist in some respects. My question relates to the potential involvement of equity funds in buying up tranches of mortgages. Will the Minister give us more information on how he sees the pilot schemes running between now and October on three issues in particular? How will security of tenure for the tenant be secured as it is in the context of mortgage-to-rent arrangements with approved housing bodies?

How will the financing be done, both in terms of the percentage of market rent and any other financial supports that currently apply to approved housing bodies, and will they also be applied to vulture funds?

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