Dáil debates

Thursday, 14 March 2013

10:50 am

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

All these budgetary measures have reduced peoples ability to pay their mortgages. This needs to be dealt with in a holistic approach. The banks need to be forced to do the right thing. I have documents, which I released last week, which show what the banks are doing to the buy-to-let sector. The banks are telling borrowers that if they speak about arrangements or even tell that they are in discussions with the banks, then they are liable for any losses the banks will incur.

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