Thomas Gould
Ceist:811. Deputy Thomas Gould asked the Minister for Housing, Local Government and Heritage the maximum equity a person can hold in their home to still qualify for the mortgage to rent scheme. [12430/26]
Amharc ar fhreagraTuesday, 17 February 2026
Ceisteanna (811)
Freagraí scríofa
The Mortgage to Rent (MTR) scheme is targeted at households in mortgage arrears who have had their mortgage position deemed unsustainable by their lender under the Mortgage Arrears Resolution Process. In order for a borrower to qualify for the MTR scheme, the mortgage, property and household must meet detailed eligibility criteria. One of the requirements of the scheme is that the positive equity amount must be below a certain limit, depending on what part of the country the property is located.
The allowable positive equity limits, updated in November 2024, are set out in the table below:
|
Band 1: Allowable Positive Equity - €50,000 |
Cork City, Dublin City, Dún Laoghaire Rathdown, Fingal, Galway City, Meath, South Dublin, Kildare, Wicklow |
|
Band 2: Allowable Positive Equity - €45,000 |
Carlow, Clare, Cork County, Galway County, Kerry, Kilkenny, Laois, Limerick City and County, Louth, Waterford City and County, Westmeath, Wexford |
|
Band 3: Allowable Positive Equity - €40,000 |
Cavan, Donegal, Leitrim, Longford, Mayo, Monaghan, Offaly, Roscommon, Sligo, Tipperary |