Thomas Gould (Cork North Central, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

406. To ask the Minister for Housing, Planning, and Local Government the number of mortgage to rent applications to date in 2023 through AHBs, local authorities and Home for Life, respectively. [34075/23]

Darragh O'Brien (Dublin Fingal, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

The Mortgage to Rent (MTR) scheme was introduced in 2012 for borrowers of commercial lending institutions and is targeted at those households in mortgage arrears who have had their mortgage position deemed unsustainable by their lender under the Mortgage Arrears Resolution Process (MARP), who agree to the voluntary surrender of their home and who have very limited options, if any, to meet their long-term housing needs themselves. In addition, the household must be deemed eligible for social housing support. The concept of the scheme is that a household with an unsustainable mortgage goes from being a homeowner to being a social housing tenant.

The table below sets out the number of mortgage to rent applications received to the end of June 2023.

A further 19 MTR applications have been received but have not yet been assigned to a MTR provider.

The Housing Agency publishes, on a quarterly basis, detailed statistical information on the operation of the MTR scheme, which can be accessed on The Housing Agency's website at the following link: www.housingagency.ie/housing-information/mortgage-rent-statistics.