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Tag Archives: Mortgage to rent scheme

Forty Clare households remain in their home due to MTR scheme

The Minister for Housing, Local Government and Heritage, Darragh O’Brien TD has welcomed the fact that there have been 40 Mortgage to Rent (MTR) applications approved in County Clare since the scheme’s commencement with a further 16 applications currently active. The Minister urged anybody who is at risk of losing their home in County Clare to consider the scheme and also engage with the other Government supports and advice available. Mortgage to Rent helps people who are at risk of losing their homes due to mortgage arrears. The 2,030 cases completed nationwide to date (since the scheme commenced in 2012) are benefitting 5,910 people (3,249 adults and 2,661 children). Minister O’Brien said, “Mortgage to Rent provides a solution to a complex problem by giving a person or family the option of remaining in their own home despite acute mortgage difficulties. As a Government we want to keep as many people in their homes where it is sustainable and the Mortgage …

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