Michael McGrath (Cork South Central, Fianna Fail)
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1540. To ask the Minister for Environment, Community and Local Government further to Parliamentary Question No. 169 of 16 July 2014, the position regarding an individual mortgage to rent case in respect of persons (details supplied) in County Cork; and if he will make a statement on the matter. [33980/14]

Alan Kelly (Tipperary North, Labour)
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There has been no change in the position regarding the mortgage to rent case referred to.

An application for provisional approval in this case was received by my Department on 9 June 2014 and was granted the following day. In order to progress this case to full funding approval, a further submission is required confirming all costs and agreements are in place or in train. This submission is awaited by my Department and is subject to the consent of the borrower to share their information with the Housing Agency. This must be secured by the lender under the mortgage to rent protocol. Once this has been received an independent valuation will be arranged, the property will then be offered to the Approved Housing Body (AHB) panel and an interested AHB will negotiate with the lender to purchase the property.