Mortgage To Rent cases on the rise in Offaly

Hundreds of Offaly householders in unsustainable mortgage arrears and at risk of losing their homes are being given fresh hope of a solution to their problems. Central Bank figures for Offaly show over 570 family home loans in arrears for two years or more, while 66 Mortgage to Rent cases have either been completed or […]

Over 570 Offaly distressed mortgage holders offered solution by new scheme

More than 570 distressed mortgage holders in Offaly are being offered a solution thanks to an innovative state-backed finance scheme. New figures from the Central Bank’s Long-Term Mortgage Arrears in Ireland Report state that 576 households in Offaly are in mortgage arrears for over two years while over 440 of those have been in arrears […]

New €20m Fund to Assist Local Authority Mortgage Holders in Distress

Minister for Housing and Planning, Jan O’Sullivan, TD, today (11th Feb 2014) announced a new €20m fund to assist the most distressed local authority mortgage holders.  The fund will be used to offer the ‘mortgage-to-rent’ solution to these local authority mortgage holders across the country.   “The mortgage arrears problem is particularly acute in the local […]

Mortgage To Rent Scheme Provides Certainty And Security For Low Income Families Most Affected By Economic Turmoil

The Government is determined to provide certainty and security for families who face the imminent prospect of repossession of their family home according to Minister for Housing and Planning, Jan O’Sullivan, TD.   Minister O’Sullivan was speaking today (28 June, 2012) at the launch of the ‘mortgage to rent’ scheme.  The scheme is specifically targeted […]