Mortgage Arrears

Tuesday, 22 May 2012

Questions (376)

Michael McGrath

Question:

472 Deputy Michael McGrath asked the Minister for the Environment, Community and Local Government the number of completed transactions under the mortgage to rent schemes recommended in the Keane report on mortgage arrears; and if he will make a statement on the matter. [25132/12]

View answer

Written answers

Minister of State at the Department of the Environment, Community and Local Government (Deputy Jan O’Sullivan)

One transaction has been completed with more than 100 other cases being progressed. A number of lenders and approved housing bodies are now involved and I anticipate launch of a national mortgage to rent scheme in June.