Seán Canney (Galway East, Independent) | Oireachtas source

I am sure. I cannot emphasis strongly enough how disastrous this Bill would be for this country. Its effects will only be negative and wide reaching. For the consumers it seeks to protect, they will simply see a mortgage market which has limited funds to lend, increased mortgage interest rates and the possibility of an increase in repossessions. For the financial system, it will add uncertainty at a time when we already have more than enough uncertainty due to Brexit. I call on the House to oppose giving this Bill a Second Reading.

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