Seamus Healy
Ceist:466. Deputy Seamus Healy asked the Minister for Employment Affairs and Social Protection the position regarding the mortgage interest supplement; and if she will make a statement on the matter. [47822/17]
Amharc ar fhreagraTuesday, 14 November 2017
Ceisteanna (466)
Freagraí scríofa
The purpose of the mortgage interest supplement scheme was to provide short-term support to eligible people who are unable to meet their mortgage interest repayments in respect of a house which is their sole place of residence due to temporary unemployment or loss of earnings. The scheme was discontinued to new entrants from 1st January 2014. Customers availing of this support prior to 1st January 2014 have been able to retain entitlement to the scheme up to 1st January 2018.
The Deputy should be aware that officials have been engaging with existing customers of the scheme to consider appropriate exit strategies and there has been a substantial reduction in the number of recipients, from some 5,880 in January 2014 to a current number of 1,440. The longer term position and supports available to the remaining customers is under consideration.
The Deputy may be aware that the Money Advice and Budgeting Service (MABS), under the aegis of the Citizens Information Board, provides assistance to people who are over-indebted and need help and advice in coping with debt problems, in particular those on low incomes or living on social welfare payments. As part of its free services, MABS provides help and advice to those in mortgage arrears.
The role of MABS was expanded in 2015 with the establishment of a Dedicated Mortgage Arrears MABS service (DMA MABS) across the MABS network, to help people specifically with home mortgage arrears. There are 32 specialist DMA advisors working across 27 locations countrywide, assisting borrowers to assess the options available to them and, where required, negotiating with lenders on their behalf. To date, the DMA service has helped approximately 4,460 such borrowers.
Additionally, MABS provides a national network of court mentors who attend each listed repossession Court hearing countrywide. The mentors provide support to distressed borrowers who are facing the loss of their home and signpost them to the appropriate services. To date, over 1,400 borrowers have been referred onward to MABS advisors through the court mentor service.
In 2016, a further initiative was announced by Government, known as Abhaile. This scheme further extends the free services already available to borrowers through the DMA MABS service and the court mentor service. The new voucher based scheme, for which MABS is the gateway, provides access for people, who are insolvent and in home mortgage arrears, to access independent expert financial and/or legal advice and assistance, free of charge. To date, approximately 9,400 vouchers for services have been issued, in respect of some 5,410 principle private residences.
I trust this clarifies the matter for the Deputy.