Relief for homeowners as more expensive properties now included in the mortgage-to-rent scheme

Under the updated scheme, homes in Dublin and other areas will now see a purchase price eligibility increase, aiming to provide assistance to more struggling mortgage holders.

Mr. O'Brien emphasized that the adjustments made to the criteria of the scheme were driven by rising demand, ensuring broader access to a sustainable housing solution for those financially struggling.

"This is why I have updated the criteria of the scheme in order to ensure that more people can avail of it, meaning that it continues to be a sustainable solution that keeps people living in their own homes."

The mortgage-to-rent scheme is designed as a practical solution, providing families the peace of mind to remain in their home, even when facing financial hardships.

Read at Irish Independent