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Gníomhaireacht Tithíochta

promoting sustainable communities

Housing Agency launch on-line Affordability Calculator

Housing Agency launch on-line Affordability Calculator
10 May 2017

Housing Agency launch on-line Affordability Calculator

for prospective renters and home owners

Housing Agency urge those in mortgage arrears to seek advice

9 May 2017

The Housing Agency today launched an on-line affordability calculator aimed at providing prospective renters and home owners with guidance on how much they can afford to spend on rent or mortgage repayments taking their individual financial circumstances into account.

The Housing Agency calculator is independent and easy to use. It can be found at: www.housingagency.ie

Speaking today at the launch of the on-line calculator at a Housing Agency lecture in Dublin Castle on “Engaging with Mortgage Arrears” John O’Connor Chief Executive of the Housing Agency said: “The ongoing housing cost for a household whether renting or paying a mortgage, needs to be affordable. In order to assist people, we are providing an online affordability calculator.”

Speaking at the Housing Agency lecture in Dublin Castle today Claire Feeney of the mortgage support services division in the Housing Agency said: “There is help available for people who find themselves in mortgage arrears. People in this situation should contact their lender or the Money Advice and Budging Service (MABS) or other support agencies to get access to the support they need. The State’s Mortgage to Rent Scheme has been reformed and is available to help more families and individuals who can no longer manage their mortgage repayments.”

The calculator was launched at the latest lecture in the Housing Agency’s quarterly lecture series. Speaking at the event today in Dublin Castle on the topic of mortgage arrears was Angela Black, CEO of the Citizens’ Information Board, Claire Feeney from the Housing Agency and Karl Deeter from Advisors.ie.

To find more information on the calculator, presentations from the lecture and the Housing Agency please visit, www.housingagency.ie. Or go to the twitter page @HousingAgencyIE.

PowerPoint presentations from the Housing Agency lecture in Dublin Castle "Engaging with Mortgage Arrears" are available below

Angela Black - Citizen Information Board   Engaging with Mortgage Arrears

Claire Feeney - Housing Agency   Mortgage to Rent

Karl Deeter - Irish Mortgage Brokers  Home truths