The Local Authority Mortgage to rent (LAMTR) scheme is a government initiative to help homeowners who have mortgages through the local government sector and are at risk of losing their homes due to mortgage arrears. The scheme is one of the possible resolutions for people who have been involved in the Mortgage Arrears Resolution Process (MARP) with a local authority and whose mortgage has been determined as unsustainable. The most important step any household in mortgage arrears can take is to engage early with the Arrears Support Unit of the local authority.

The Local Authority Mortgage to Rent scheme enables householders to stay in their home and their established community. Surrendering the ownership equity in a home is a very difficult decision; however, the Local Authority Mortgage to Rent scheme provides householders with stability and continuity, after an often long period of financial turmoil. Ownership of the home transfers to the local authority and the householder pays a differential rent.

Donegal, Dublin city, Laois, Roscommon and Westmeath data includes local authority/borrower costs incurred for LAMTR transactions in 2014 but claimed by local authorities in 2015 Total figure for 2015 includes €14,331 in respect of local authority/borrower costs incurred for LAMTR transactions in 2014 but claimed by local authorities in 2015.