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13/02/2012
Call For BOI Mortgage Moratorium For Priory Hall Residents
Dublin North East Labour T.D, Seán Kenny, today called on Bank of Ireland (BOI) to agree to the request by Priory Hall homeowners for a moratorium on their Bank of Ireland mortgages, while the residents are out of the homes by order of Dublin City Council, and forced to rent alternative accommodation.
They are also waiting for a resolution of their case by the Supreme Court.
He said: "Most other mortgage providers have granted a moratorium to the Priory Hall residents in their current crisis, Bank of Ireland appear to be the only Irish financial institution refusing to do so.
"One Priory Hall homeowner told me that when she approached Bank of Ireland to alleviate her mortgage they told her 'the builder was an IRA terrorist'.
"The Priory Hall Bank of Ireland mortgagees have been put in the financially onerous position of having to pay for both their current rented accommodation and their mortgages on their Priory Hall properties at the same time.
"I am calling on Finance Minister Michael Noonan T.D, to intervene with Bank of Ireland to resolve this matter."
(CD/GK)
They are also waiting for a resolution of their case by the Supreme Court.
He said: "Most other mortgage providers have granted a moratorium to the Priory Hall residents in their current crisis, Bank of Ireland appear to be the only Irish financial institution refusing to do so.
"One Priory Hall homeowner told me that when she approached Bank of Ireland to alleviate her mortgage they told her 'the builder was an IRA terrorist'.
"The Priory Hall Bank of Ireland mortgagees have been put in the financially onerous position of having to pay for both their current rented accommodation and their mortgages on their Priory Hall properties at the same time.
"I am calling on Finance Minister Michael Noonan T.D, to intervene with Bank of Ireland to resolve this matter."
(CD/GK)
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The government has vowed to help former residents of Priory Hall in Dublin, with Minister for the Environment Phil Hogan saying that they could be open to helping to rebuild the properties. Around 300 residents were forced to abandon their homes in Priory Hall in 2011 after the building was declared unsafe.
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Ireland WeatherToday:There will be a mixture of bright intervals and a few showers. Best of the sunny spells will be near the North Coast. Feeling on the cool side. Maximum temperature 10 °C.Tonight:Showers will gradually die out during the evening. A cold night with long clear spells leading to a touch of frost in places. Minimum temperature 0 °C.
