Oireachtas Joint and Select Committees

Thursday, 7 December 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion

9:00 am

Photo of Joan BurtonJoan Burton (Dublin West, Labour) | Oireachtas source

I have dealt with cases in which some institutions sought to include social protection payments for children with a disability. That is a low level of behaviour.

In my constituency about 30% of properties are rented. It is very obvious that quite a lot of institutions are proceeding to urge or order small-time landlords with one house to sell the property. That triggers an eviction notice from them. In this case the consumers are the renters who find heir rights being completely truncated. Do the delegates know of any area where they feel the position could be improved? For instance, a bank could sell a house to the local authority, although this does not happen. The banks seem to require vacant possession. In Dublin West there is a very high proportion of rented properties, as in other parts of Dublin. It is becoming marked. People are receiving eviction notices. Most reasonable landlords and banks give about three months' notice. People do not then move directly into being homeless, but the property will probably be vacant for two to three years while the receivers make arrangements to dispose of it.

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