Just 163 repossessed homes made available for social housing
Banks had offered 2,000 such properties to the Housing Agency under a new scheme
More than 2,000 repossessed homes have been offered by banks to the Housing Agency for social housing under a new scheme, but just 163 have been made available to tenants, new figures show.
Data provided to The Irish Times by the Housing Agency reveal that, since the end of 2016, it has been offered 2,096 properties to buy with a new €70 million “revolving fund”.
Of these dwellings, just 45 are now owned...
Permanent TSB, IMHO and iCare agree new Mortgage-to-rent scheme
The chief executive of the Irish Mortgage Holders Organisation has encouraged vulnerable people who are under immense pressure with mortgage arrears to consider a newly-enhanced mortgage-to-rent scheme.
iCare Housing is an approved not-for-profit housing organisation set up by the IMHO specifically to allow people in mortgage difficulty to stay in their homes.
Under the scheme, iCare buys out the loan from the banks at a discount.
The new scheme on offer from Permanent TSB is for the...
Hundreds in Arrears could keep Homes
Hundreds of financially struggling homeowners have contacted the Irish Mortgage Holders Organisation (IMHO) since it reached agreement with AIB last year for some customers to stay in their homes as renters, its founder has said.
Permanent TSB is the latest bank to sign up to an initiative with the IMHO and iCare Housing, both run by mortgage campaigner David Hall, to keep customers in mortgage difficulties in their own homes, once they qualify for social housing.
The iCare...
