Dáil debates
Wednesday, 17 April 2019
Ceisteanna Eile - Other Questions
Mortgage Arrears Proposals
11:40 am
Joan Burton (Dublin West, Labour) | Oireachtas source
Permanent TSB is getting ready, in April and May, to transfer its mortgages to a vehicle that it has sold them to. Like the circumstances that Deputy Durkan is outlining, many families are terrified that they will be forced out of the home on which they are paying three quarters or more of the old mortgage, when it was taken out in 2003 or 2005, at the height of the boom, at very high cost prices. The Minister has to step in to look after these families.
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