The MTR scheme is a government scheme. The scheme is overseen by the Department of Housing, Planning and Local Government and is administered by the Housing Agency.
The MTR scheme is a social housing option only available if the homeowner is eligible for social housing support and their mortgage is unsustainable.
The homeowner on successful completion of the scheme will no longer own their property, but they can continue living in the home as a social housing tenant and have a tenancy agreement with the Housing Association