Pádraig O'Sullivan (Cork North Central, Fianna Fail) | Oireachtas source

I have come across a number of Pepper Finance mortgage holders in a very difficult predicament. Some are in performing mortgages and have never been in arrears. Others are in split mortgage arrangements but have no arrears. Some, unfortunately, had difficulty in the past but have restructured and got back on track. I know the Minister is limited in what he can do but with the likes of Pepper Finance passing on every ECB rate and more, customers now face a variable rate of 6.3%. For many, this will undo progress made and may drive others into arrears. Will the Government look at making local authority home loans available to these people?

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