Dáil debates

Tuesday, 28 February 2017

Ceisteanna - Questions (Resumed) - Priority Questions

Tracker Mortgage Data

4:40 pm

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

The question before us concerns the Central Bank and the absolute scandal that 15,000 customers have found themselves in whereby they have been denied tracker mortgages. Some weeks ago, Sinn Féin used our Private Members' business time to bring this matter to the floor of the House. The motion, as amended, has been passed. Part of that motion was that the Central Bank would have a deadline in place to resolve this issue. People need to see light at the end of the tunnel. They need to know whether they will be part of the redress programme. They also need to know the compensation they will have. It is incredible that, as we speak, people are still expected to pay over the amount they should be paying to their financial institution.

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