ICSH Submission on the Review of the Mortgage to Rent Scheme

The Irish Council for Social Housing (ICSH) welcome the opportunity to make a submission on the review of the Mortgage to Rent Scheme. Following the implementation of the recommendations in the Keane Report (2011), a number of housing associations have been at the forefront in assisting in the development and implementation of the Mortgage to Rent scheme. Whilst the scheme was never intended as a solution for the vast majority of arrears cases, meeting the needs of households with unsustainable mortgages and acute arrears, has proved challenging for housing associations within the current framework. It is important that this review looks at the scheme, not just in the context of increasing the scale, but recognises needs of the households and individuals at the centre of it and the impact when the process breaks down.