11/03/2015

Finance Minister Urged To 'Do More' To Stop Homes Being Repossessed

Sinn Féin is calling on the Finance Minister to "do more to stop home repossessions", following reports claiming more than 7,000 bills for repossession have been lodged with courts in Ireland.

The party's housing spokesperson, Dessie Ellis, said the repossession of family homes has "increased steadily" and the government is "failing completely to deal with the crisis".

"According to Central Bank figures, there are 37,778 homes in the most serious of arrears, these families are the most likely to be facing legal actions in the future. This is almost double the figure from September 2012," Deputy Ellis said.

"There is no recovery when people are losing their family home and have nowhere to go, saddled with massive debt. The government must act to help these mortgage holders to keep in their family home and tackle the banks bullying and intimidating ordinary people who paid for their bailout."

(MH/CD)

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