COMHAIRLE CONTAE ÁTHA CLIATH THEAS
SOUTH DUBLIN COUNTY COUNCIL

MEETING OF SOUTH DUBLIN COUNTY COUNCIL

Monday, December 12, 2016

QUESTION NO.15

QUESTION: Councillor E. O'Brien

To ask the Manager to confirm the number of homeowners who have applied to South Dublin County Council to avail of the governments Mortgage to Rent Scheme in the past 12 months.

REPLY:

South Dublin County Council has received eight applications for Social Housing Assessment since 1/12/15 under the MTR Scheme.   Six of these applications were referred to Housing Allocations Section for social housing need assessment; additional information is outstanding in relation to the remaining two applications.

The following are the steps an applicant takes in relation to the Mortgage to Rent Scheme; 

• Borrower must have engaged with MARPS and with their lender
• If the Scheme is an option for the borrower the lender provides the documentation to apply
• Eligibility for the scheme will be checked by the Housing Agency and the property will be valued by an independent valuer on behalf of the lender and AHB.
• If AHB make an acceptable offer for purchase of the property a Mortgage to Rent pack is provided by the lender to the borrower.
• The borrower must sign the “proposal to consider participation in the MTR Scheme” letter and return to lender within 28 days.
• Borrower must submit application for MTR and the Social Housing Support Application form to SDCC within 28 days and prior to return of the signed letter above.
• SDCC will assess if the household qualifies for Social Housing Support in accordance with the Social Housing Assessment Regulations
• To qualify for the scheme the mortgage, property and household must meet certain criteria
• Details of the scheme are available at https://www.housingagency.ie/Housing-Information/Mortgage-to-Rent-Scheme.

No applications have be received to date in 2016.