Government to expand ‘mortgage to rent’ scheme

Minister wants access for households with over €35,000 income; English believes new scheme could be privately funded at no cost to exchequer

5th March, 2017

The government is to push ahead with a radical expansion of the ‘mortgage to rent’ scheme, extending it to tens of thousands of middle income workers struggling with mortgage arrears.

The current scheme is off limits to households with a net income of more than €35,000 who are not eligible for social housing.

But junior housing minister Damien English told The Sunday Business Post that he wants to extend the scheme beyond the...

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