Dáil Éireann Debate, Tuesday - 24 July 2018
2745. Deputy Michael McGrath asked the Minister for Housing, Planning and Local Government the number of mortgage to rent transactions that have taken place each year since its establishment and in each month of 2018; and if he will make a statement on the matter. [34650/18]
Amharc ar fhreagra2746. Deputy Michael McGrath asked the Minister for Housing, Planning and Local Government the number of approved housing bodies here; the number of mortgage to rent transactions undertaken by each; and if he will make a statement on the matter. [34651/18]
Amharc ar fhreagraI propose to take Questions Nos. 2745 and 2746 together.
Since the introduction of the Mortgage to Rent (MTR) Scheme in 2012, a total of 4,121 cases have been submitted under the scheme to the end of June 2018. Of the 4,121 cases submitted, 2,984 were ineligible or terminated during the process. Of the remaining cases submitted, 357 have been completed, and the remaining 780 are actively being progressed.
Information in relation to the number of MTR transactions completed per month in 2018 is outlined in the following table:
|
2018 |
No. of MTR transactions completed |
|
January 2018 |
5 |
|
February 2018 |
0 |
|
March 2018 |
5 |
|
April 2018 |
10 |
|
May 2018 |
15 |
|
June 2018 |
14 |
|
Total |
49 |
Information in relation to the number of completed MTR transactions during the period 2012 to 2018 (to end Q2) is outlined in the following table:
|
Year |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 (End Q2) |
TOTAL |
|
Number of MTR applications competed |
1 |
21 |
29 |
96 |
70 |
91 |
49 |
357 |
The Housing Agency publishes, on a quarterly basis, detailed statistical information on the operation of the MTR scheme, including the number of completed transactions by Approved Housing Body (AHB). There are currently 11 AHBs actively participating in the MTR scheme. This information is available on the Agency's website at the following link:
www.housingagency.ie/our-services/housing-supply-services/mortgage-to-rent.aspx.
