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

Following on from that, the issue of hard-pressed mortgage holders has been raised here repeatedly in recent weeks by myself and others. Their plight cannot go unnoticed and we need to respond. An appropriate response would be to allow viable mortgage holders to transfer their mortgages back to one of the pillar banks or allowing a mechanism like the local authority home-loan scheme to offer these customers a fixed mortgage product which, unfortunately, they cannot avail of now. Can the Taoiseach confirm that the Government is considering such proposals or that, at the very least, the regulator is, as worried mortgage holders seek much-needed relief?

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