Written answers
Thursday, 17 December 2015
Department of Environment, Community and Local Government
Mortgage to Rent Scheme Data
Michael McGrath (Cork South Central, Fianna Fail)
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614. To ask the Minister for Environment, Community and Local Government the number of persons who have been approved for the mortgage to rent scheme since the criteria were changed in May 2015. [45957/15]
Alan Kelly (Tipperary North, Labour)
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The package of commitments on mortgage arrears announced by Government in May 2015 included a number of amendments to the Approved Housing Body Mortgage to Rent Scheme which will enable more properties to qualify for the Scheme, and make it more flexible and accessible to borrowers. The principal amendment to the scheme is to increase the valuation thresholds applicable which should enable more properties to qualify. These amendments took effect from 1 July 2015.
Since the introduction of these new measures, 119 cases have become eligible for consideration under the scheme. In addition, to the end of November 2015, 36 cases were completed. A breakdown of these cases by local authority is provided in the table below. In total, at the end of November, 628 cases were actively being progressed with 132 cases approved.
Cases complete and under active consideration since 1 July 2015
County | Eligible for Consideration (Active) | Completed |
---|---|---|
Carlow County Council | 6 | 1 |
Cavan County Council | 4 | 1 |
Clare County Council | 0 | 1 |
Cork City Council | 3 | 0 |
Cork County Council | 7 | 0 |
Donegal County Council | 3 | 0 |
Dublin City Council | 0 | 5 |
Dun Laoghaire/Rathdown County Council | 3 | 0 |
Fingal County Council | 8 | 2 |
Galway City Council | 0 | 0 |
Galway County Council | 4 | 0 |
Kerry County Council | 1 | 1 |
Kildare County Council | 12 | 1 |
Kilkenny County Council | 0 | 2 |
Laois County Council | 6 | 0 |
Leitrim County Council | 1 | 0 |
Limerick City and County Council | 1 | 0 |
Longford County Council | 0 | 1 |
Louth County Council | 9 | 2 |
Mayo County Council | 1 | 0 |
Meath County Council | 12 | 5 |
Monaghan County Council | 0 | 0 |
Offaly County Council | 2 | 2 |
Roscommon County Council | 0 | 0 |
Sligo County Council | 0 | 0 |
South Dublin County Council | 2 | 1 |
Tipperary County Council | 1 | 2 |
Waterford County Council | 22 | 9 |
Westmeath County Council | 1 | 0 |
Wexford County Council | 8 | 0 |
Wicklow County Council | 2 | 0 |
119 | 36 |
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