570 Offaly families in arrears need Government scheme – Fr McVerry
Housing and homeless campaigner Fr Peter McVerry has called for the Government’s mortgage to rent scheme to be made mandatory for banks when dealing with families in unsustainable debt. Over 570 family home loans are in arrears for two years or more in County Offaly, while 66 mortgage to rent cases have either been completed […]
Mortgage To Rent cases on the rise in Offaly
Hundreds of Offaly householders in unsustainable mortgage arrears and at risk of losing their homes are being given fresh hope of a solution to their problems. Central Bank figures for Offaly show over 570 family home loans in arrears for two years or more, while 66 Mortgage to Rent cases have either been completed or […]
Over 570 Offaly distressed mortgage holders offered solution by new scheme
More than 570 distressed mortgage holders in Offaly are being offered a solution thanks to an innovative state-backed finance scheme. New figures from the Central Bank’s Long-Term Mortgage Arrears in Ireland Report state that 576 households in Offaly are in mortgage arrears for over two years while over 440 of those have been in arrears […]
Taoiseach telling families to calm down is an insulting reply to PTSB mortgage crisis – Mattie McGrath TD
Independent TD Mattie McGrath has called on the Taoiseach, Leo Varadkar, to provide significantly more robust guarantees for the protection of families that are likely to be affected by the Permanent TSB mortgage crisis. Deputy McGrath was speaking after the Taoiseach attempted during Leaders Questions to insist that concerns were being exaggerated around the possible […]
State could be liable for illegal home repossessions if EU law is not correctly implemented
AIB v Counihan ruling requires EU consumer law must be considered in repossession cases Government must follow example of Waterford County Registrar and suspend repossessions The Green Party today called on the Government to introduce a moratorium on home repossessions, warning that the State may be liable for illegal repossessions if EU law is not […]
Turn Up In Court And Fight For Your Home, Or The Bank Will Take It!
At a seminar this week for mortgage-holders in distress, The Hub-Ireland, an expert group campaigning to stop evictions, urged anyone facing possession proceedings to turn up in court and fight the banks. “There are many defences you can use,” said Byron Jenkins, “but you must show up. If you don’t, the bank automatically gets your […]
Anti-Eviction Campaigners Address Dáil Meeting
Representatives of The Hub- Ireland, a community group working to prevent evictions, and Ken Smollen, the Convenor of a recent conference on the mortgage-arrears crisis, yesterday met with TDs in Leinster House to highlight issues of public interest on this issue which they feel have not yet been brought under proper scrutiny within the public […]
EU Commission says evictions are the result of Irish government policy – Carthy
Sinn Féin MEP for the Midlands North West, Matt Carthy, has stated that the European Commission has acknowledged that the Irish Goverment’s merciless policy choices have led to a substantial increase in family home repossessions. Carthy, who is a member of the EU parliament’s economic & Monetary Affairs Committee, stated that the Commission’s response to […]
New Beginning Response to The Central Bank Figures on Mortgage Arrears
The figures released today by the Central Bank show the level of mortgage arrears continues to decrease. This is to be welcomed. New Beginning however notes with concern the following: Long term arrears continue to rise and now stand just short of 40,000 Up to 37% of all restructures (almost 45,000 cases) are short term […]
New Beginning welcomes Government Scheme to assist people facing repossession
New Beginning welcomes the government’s initiative to create ‘centres of excellence’ in 16 courthouses throughout the country. The scheme will mean that there will be mentors present in Court to assist people who are facing repossession. Distressed borrowers can then have access to proper and independent advice which is an excellent thing. New Beginning has […]
