Dáil Éireann Debate, Wednesday - 10 July 2024
137. Deputy Thomas Gould asked the Minister for Housing, Local Government and Heritage the number of mortgage to rent applications to date in 2023 through approved housing bodies, local authorities and Home for Life, respectively. [30180/24]
Amharc ar fhreagraThe 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 AHBs, Home for Life and the Local Authorities in 2023.
|
MTR applications completed by Home for Life |
243 |
|
MTR applications completed by AHBs |
31 |
|
Local Authorities MTR applications completed |
11 |
The pilot scheme with the private MTR provider Home for Life, which had been in operation since 2018, was terminated from 25 May 2023. However, my Department put in place arrangements which allowed Home for Life to continue processing all active MTR cases it had on hand and these cases continue to be finalised by Home for Life.
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
