Dáil debates

Wednesday, 12 July 2017

Mortgage Arrears Resolution (Family Home) Bill 2017: Second Stage [Private Members]

 

5:35 pm

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein) | Oireachtas source

I ask the Minister to ensure that this genuine situation whereby the man's name has been put back on the deeds of the house is sorted out.

I am aware of another case where a bank is offering a lump sum of €10,000 to a family in mortgage distress to get out of their house. The family is doing its best to work with the bank to pay a certain amount to cover some of the capital and all of the interest relating to the loan yet the bank is offering them €10,000 to get out of the house. If the family was vulnerable and there was addiction to drugs, alcohol or gambling, there is no doubt that there would be a serious temptation on their part to accept the money. However, they would be homeless in a number of months. It is important that the Government focus on that issue too.

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