Dáil debates

Tuesday, 25 February 2014

5:55 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

There is a solution to all problems in regard to people in mortgage distress, be they members of a particular sector or not. However, it requires a working out of what are termed sustainable solutions - in other words, what arrangements one can make to enable people to get on with their lives without having a crushing weekly burden. It requires an engagement between both the lender and the borrower. Considerable numbers have been worked out. I do not think a change in the legislation would be equitable because similar changes would be required for every other sector as well.

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