Michael McGrath (Cork South Central, Fianna Fail)
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2239. To ask the Minister for Housing, Planning, Community and Local Government the number of mortgage to rent transactions that have been completed since 1 January 2017; and if he will make a statement on the matter. [28350/17]

Eoghan Murphy (Dublin Bay South, Fine Gael)
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Since the introduction of the Mortgage to Rent (MTR) Scheme in 2012, a total of 3,679 cases have been submitted under the scheme to the end of May 2017.  Of the 3,679 cases submitted, 2,870 were ineligible or terminated during the process.  Of the remaining cases submitted, 256 have been completed with 39 of these cases completed during the period January to May 2017 and the remaining 552 cases are being actively progressed.

The Housing Agency publishes, on a quarterly basis, detailed statistical information on the operation of the MTR scheme. This information is available on the Agency's website at the following link:

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Recent amendments made to the scheme, arising from the Review of the Mortgage to Rent Scheme for borrowers of commercial private lending institutions published on 8 February 2017, have meant that more borrowers in mortgage arrears have access to the scheme.  However, it will be some time before an increase in the number of successful cases will be apparent given that the optimum timeframe for processing a case should reduce to 9 months following the implementation of the Review’s actions.

My Department and the Housing Agency are in the process of implementing each of the actions set out in the Review and I am confident that these changes will make a significant impact to those households who can benefit from access to the scheme.