Results 6,401-6,420 of 8,016 for speaker:Peter Burke

Written Answers — Department of Health: Ambulance Service Funding (20 Mar 2018)

Peter Burke: 499. To ask the Minister for Health the status of the provision of increased resources for the ambulance service in County Roscommon to allow for the full operation of the ambulance base at Loughglinn; and if he will make a statement on the matter. [12161/18]

Written Answers — Department of Communications, Climate Action and Environment: Broadband Service Provision (20 Mar 2018)

Peter Burke: 793. To ask the Minister for Communications, Climate Action and Environment when high speed broadband will be available to businesses in an area (details supplied); the alternative options available to these businesses before they receive high speed broadband under the NBP to allow them to continue to operate; and if he will make a statement on the matter. [12213/18]

Written Answers — Department of Rural and Community Development: Community Services Programme (20 Mar 2018)

Peter Burke: 917. To ask the Minister for Rural and Community Development if a group (details supplied) can reapply for CSP funding; and if he will make a statement on the matter. [12780/18]

Written Answers — Department of Rural and Community Development: Community Services Programme (20 Mar 2018)

Peter Burke: 918. To ask the Minister for Rural and Community Development if an application by a group (details supplied) has been received; and if he will make a statement on the matter. [12781/18]

Public Accounts Committee: Vote 34: Housing, Planning, Community and Local Government (8 Mar 2018)

Peter Burke: I wish to reiterate the remarks made by Deputy Farrell. I thank the Department for the heroic efforts of its staff over the past week. Today has been a very long day for witnesses and I thank them for their patience. I shall focus on the mortgage-to-rent scheme and will break it down into two sections. First, I will deal with the local authority sector. I think a pilot scheme was...

Public Accounts Committee: Vote 34: Housing, Planning, Community and Local Government (8 Mar 2018)

Peter Burke: Let us say a mortgage is worth €130,000 but the market value of the house is just €65,000 so €65,000 of debt must be crystallised. There is a fund called the mortgage arrears resolution process or MARP. A premium is put on the interest rate of local authority mortgages to finance such crystallisation through the Housing Finance Agency, HFA. What is the premium on the...

Public Accounts Committee: Vote 34: Housing, Planning, Community and Local Government (8 Mar 2018)

Peter Burke: In terms of trying to keep homeowners in their homes, are there many suitable mortgage-to-rent clients left in the local authority system?

Public Accounts Committee: Vote 34: Housing, Planning, Community and Local Government (8 Mar 2018)

Peter Burke: What is the variable interest rate for local authority mortgages at present?

Public Accounts Committee: Vote 34: Housing, Planning, Community and Local Government (8 Mar 2018)

Peter Burke: In terms of reductions that were implemented through the Central Bank, if interest rates were to increase, for argument's sake, how would that affect local authority interest rates with regard to tenants not having the reductions passed on through this increase or premium that is put on them?

Public Accounts Committee: Vote 34: Housing, Planning, Community and Local Government (8 Mar 2018)

Peter Burke: In how many cases per year would the local authority be processing a mortgage-to-rent?

Public Accounts Committee: Vote 34: Housing, Planning, Community and Local Government (8 Mar 2018)

Peter Burke: If we box that off, that is how the process works in the local authority system. It is the State's housing stock. One can see the clear process of how it is funded and how the target is to keep people in their homes. Let us move to the private sector and people who have mortgages from financial institutions. I believe there are 12 participating lenders through seven approved housing...

Public Accounts Committee: Vote 34: Housing, Planning, Community and Local Government (8 Mar 2018)

Peter Burke: Does Mr. McCarthy accept it is not working?

Public Accounts Committee: Vote 34: Housing, Planning, Community and Local Government (8 Mar 2018)

Peter Burke: What about numbers?

Public Accounts Committee: Vote 34: Housing, Planning, Community and Local Government (8 Mar 2018)

Peter Burke: Is that since its inception?

Public Accounts Committee: Vote 34: Housing, Planning, Community and Local Government (8 Mar 2018)

Peter Burke: That is absolutely incredible in terms of the failure of the system. PTSB issued a statement which I believe was its second statement following its intention to package loans. It stated in the last paragraph that, potentially, there are 1,000 customers who may be suitable for the mortgage-to-rent process. One can assume that those are unsustainable mortgages, yet Mr. McCarthy says such a...

Public Accounts Committee: Vote 34: Housing, Planning, Community and Local Government (8 Mar 2018)

Peter Burke: With regard to ineligible, is that because they are outside the parameters in terms of income limits and the value of their property, be it in Dublin or outside Dublin?

Public Accounts Committee: Vote 34: Housing, Planning, Community and Local Government (8 Mar 2018)

Peter Burke: Who would put the cases forward if they did not meet the conditions of the scheme?

Public Accounts Committee: Vote 34: Housing, Planning, Community and Local Government (8 Mar 2018)

Peter Burke: Do the banks not know this?

Public Accounts Committee: Vote 34: Housing, Planning, Community and Local Government (8 Mar 2018)

Peter Burke: Can Mr. McCarthy talk through the precise process, step-by-step, for a private lender and an individual who has a mortgage with the lender when they wish to go through the mortgage-to-rent process? We have discussed how it works in the local authority sector. Logistically, how does it work in the private sector, step-by-step?

Public Accounts Committee: Vote 34: Housing, Planning, Community and Local Government (8 Mar 2018)

Peter Burke: It is established that it is an unsustainable mortgage. It is a hugely stressful process for a homeowner to go through in terms of realising that he or she might have to give up the home and rent it afterwards. That is massive in itself for a family. However, let us say somebody comes to that conclusion and wishes to enter this process. Where does the person go from there?