Menu
11/04/2014
Dáil To Debate Land And Conveyancing Reform (Amendment) Bill 2013
The proposed Land and Conveyancing Reform (Amendment) Bill 2013 is to be debated at the Dáil.
If enacted the Bill would substantially enhance legal protections for pressurised mortgage holders and make it harder for the banks to repossess homes.
Sinn Féin's Finance spokesperson Pearse Doherty TD said: "Last July the government had signed into law the Land and Conveyancing Reform Act which removed the legal protection of the Family Home. This move essentially opened the door to more repossession and left already vulnerable families at even further risk.
"Sinn Féin opposed the Bill and warned of its consequences. Our bill would put in place a realistic and solid legal protection from repossession for struggling homeowners who are making a real effort to repay their mortgage.
"This week the Finance Committee heard that the main four banks have issued 30,034 letters, relating to repossessions and voluntary surrenders.
"The Family Home needs extra protection. This Bill is a step in that direction.
"Let us remember that the people of this state paid for the banking bailout that led to the collapse of the economy, the loss of hundreds of thousands of jobs and unprecedented levels of emigration.
"I welcome the strong endorsement from the Irish Mortgage Holders Organisation and New Beginnings for the Bill.
"It is time for the government to start protecting families at risk of homelessness and I urge Fine Gael and Labour to accept this Bill."
(MH/JP)
If enacted the Bill would substantially enhance legal protections for pressurised mortgage holders and make it harder for the banks to repossess homes.
Sinn Féin's Finance spokesperson Pearse Doherty TD said: "Last July the government had signed into law the Land and Conveyancing Reform Act which removed the legal protection of the Family Home. This move essentially opened the door to more repossession and left already vulnerable families at even further risk.
"Sinn Féin opposed the Bill and warned of its consequences. Our bill would put in place a realistic and solid legal protection from repossession for struggling homeowners who are making a real effort to repay their mortgage.
"This week the Finance Committee heard that the main four banks have issued 30,034 letters, relating to repossessions and voluntary surrenders.
"The Family Home needs extra protection. This Bill is a step in that direction.
"Let us remember that the people of this state paid for the banking bailout that led to the collapse of the economy, the loss of hundreds of thousands of jobs and unprecedented levels of emigration.
"I welcome the strong endorsement from the Irish Mortgage Holders Organisation and New Beginnings for the Bill.
"It is time for the government to start protecting families at risk of homelessness and I urge Fine Gael and Labour to accept this Bill."
(MH/JP)
Related Irish News Stories
Click here for the latest headlines.
18 November 2015
Banks Accused Of Not Being Serious About Mortgage Switching
Fianna Fáil has accused Ireland's banks of not being serious about offering mortgage switches. The party's finance spokesperson, Michael McGrath, highlighted new figures from the Central Bank that reveal just 712 customers have been able to switch from one mortgage provider to another.
Banks Accused Of Not Being Serious About Mortgage Switching
Fianna Fáil has accused Ireland's banks of not being serious about offering mortgage switches. The party's finance spokesperson, Michael McGrath, highlighted new figures from the Central Bank that reveal just 712 customers have been able to switch from one mortgage provider to another.
15 July 2013
Govt Approves General Scheme Of The Gambling Control Bill
Alan Shatter TD, Minister for Justice, Equality and Defence has announced that the Government has approved the General Scheme of the Gambling Control Bill 2013. Work will now get underway on completing the drafting of the Bill.
Govt Approves General Scheme Of The Gambling Control Bill
Alan Shatter TD, Minister for Justice, Equality and Defence has announced that the Government has approved the General Scheme of the Gambling Control Bill 2013. Work will now get underway on completing the drafting of the Bill.
10 September 2009
NAMA Bill To Be Published Today
A revised version of the Government's controversial asset management plan is to be published today.
NAMA Bill To Be Published Today
A revised version of the Government's controversial asset management plan is to be published today.
19 March 2014
Consistency Needed In Bank Handling Of Mortgage Arrears
Greater consistency is needed in how different banks handle mortgage arrears, Fianna Fáil has said.
Consistency Needed In Bank Handling Of Mortgage Arrears
Greater consistency is needed in how different banks handle mortgage arrears, Fianna Fáil has said.
17 May 2010
Labour Backs 'Tell All' Bill
People should not be afraid to come forward with revelations about wrongdoing - at whatever level it is uncovered. There should be a general 'whistleblowers' charter, the Labour Party has said.
Labour Backs 'Tell All' Bill
People should not be afraid to come forward with revelations about wrongdoing - at whatever level it is uncovered. There should be a general 'whistleblowers' charter, the Labour Party has said.
-
Ireland WeatherToday:Dry, bright start this morning with best of sunshine in the west. Thickening cloud over Down and Antrim this morning with a few showers, extending westwards this afternoon. Lighter winds. Maximum temperature 16 °C.Tonight:Rather cloudy and mainly dry at first, then showery outbreaks of rain extending westwards to most places during the night, turning heavier towards morning. Light winds. Minimum temperature 8 °C.
