I propose to take Questions Nos. 239 and 242 together.
The Mortgage to Rent (MTR) scheme was introduced in 2012. It offers households with acute, unsustainable mortgage arrears who have little or no prospect of a significant change in circumstances, the chance to surrender a property to a lender and in turn become a social housing tenant whilst staying in their own home and community.
The table below sets out the number of mortgage to rent applications completed from Home for Life, other private providers, Approved Housing Bodies (AHBs) and local authorities from the start of 2024 to the end of September 2024.
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MTR applications completed by Home for Life
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76
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MTR applications completed by other Private Providers
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2
|
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MTR applications completed by AHBs
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37
|
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Local Authority MTR applications completed
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7
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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