Saturday December 7, 2019

Take-up of mortgage-to-rent scheme continues to lag behind projections

Initiative aims to keep mortgage borrowers in their homes as renters, with ownership ceded to approved housing body

1st December, 2019
Take-up of the mortgage-to-rent scheme continues to lag behind the government’s lofty initial projections

Take-up of the mortgage-to-rent scheme continues to lag behind the government’s lofty initial projections despite a recent pick-up in the number of successful applications, new data shows.

The scheme, which was first launched in 2012, is designed to keep mortgage borrowers in their home on a rental basis with the ownership of the property ceded to an approved housing body (AHB).

It was amended in 2017 to allow private investment funds to buy non-performing...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Multinational tech company to add roles in engineering, development and consultancy

Emmet Ryan | 1 day ago

House prices would have risen by as much as 25 per cent more if lending restrictions had not been in place, report says

Ian Guider | 3 days ago

Staff have until early January to accept offer of voluntary redundancy

Ian Guider | 3 days ago