Clare Daly (Dublin North, United Left)
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226. To ask the Minister for Finance regarding mortgage-to-rent arrangements currently being dealt with by the financial institutions, if he will raise the valuation level from €220,000 to €300,000 as many families who were approved for this scheme have now found themselves ineligible as a result of rising house prices. [9390/15]

Michael Noonan (Limerick City, Fine Gael)
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The administration of the Mortgage To Rent (MTR) scheme falls under the responsibility of Mr Alan Kelly TD, Minister for the Environment, Community and Local Government. I have no role in setting the valuation of properties for the MTR Scheme. All MTR operators are bound by the existing MTR Scheme introduced by the Minister for the Environment in response to a recommendation in the Keane Report (2011).