Martin Ferris (Kerry North, Sinn Fein)

I seek to adjourn the House under Standing Order 32 to discuss the proposals to revalue existing mortgages on owner-occupied houses so that mortgages and repayments are based on current value rather than the value of the house when the mortgage was taken and to renegotiate all existing mortgages for householders which would represent an enormous relief to tens of thousands of families burdened by huge repayments and negative equity.

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