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Leaders' Questions (27 Nov 2013)

Enda Kenny: -----but it is not all about housing.

Leaders' Questions (27 Nov 2013)

Enda Kenny: If Deputy McDonald wants to take her time to go down the streets herself and talk to some of these people who are sleeping in doorways-----

Leaders' Questions (27 Nov 2013)

Enda Kenny: -----she, too, might learn a lesson, as I have done.

Leaders' Questions (27 Nov 2013)

Enda Kenny: The position is that I would say all parties in this House elected by the people do not want to see anybody thrown out of their home. The sad fact is, however, that, in a number of cases, it is going to be very difficult for some people to hold on to their homes - some.

Leaders' Questions (27 Nov 2013)

Enda Kenny: The Government has put in place all of the mechanisms to help every person who is a mortgage holder who has got a problem. There are 47,000 restructured permanently already. The numbers are being assessed by the Central Bank. Despite the fact that the party opposite decried the personal insolvency agency, claiming that banks had a veto and that this would result in thousands of people...

Leaders' Questions (27 Nov 2013)

Enda Kenny: As these cases are worked through, we will have evidence of the actual situation. If those hard-working people who, through no fault of their own, find themselves in this position of having a problem with their mortgage, the first thing they must do is engage with the lender.

Leaders' Questions (27 Nov 2013)

Enda Kenny: There are requirements and codes and targets set out and-----

Leaders' Questions (27 Nov 2013)

Enda Kenny: -----being implemented by the Central Bank to work out a solution in each and every case. The Governor of the Central Bank has been very clear about the targets set by the Central Bank for banks and lending institutions to work out solutions in each and every case. It is perfectly obvious that the people who are applying for mortgages and who are in a position to purchase houses are not...

Leaders' Questions (27 Nov 2013)

Enda Kenny: Some cases I have come across are very difficult.

Leaders' Questions (27 Nov 2013)

Enda Kenny: Some 70,000 mortgages have been restructured.

Leaders' Questions (27 Nov 2013)

Enda Kenny: There were 45,177 permanent mortgage restructurings up to the end of September, which is an increase of 3,500 on the August figure. The Minister of State, Deputy Jan O'Sullivan, is working on a number of those smaller, more precise areas, including mortgage to rent and split mortgages. She is following through on that.

Leaders' Questions (27 Nov 2013)

Enda Kenny: There is a solution in each case for every person who has a mortgage difficulty, and the figures are well known. However, they must engage with the lenders.

Leaders' Questions (27 Nov 2013)

Enda Kenny: There is no point in leaving the matter aside because it will not sort itself out. A deal has to be cut in all these cases. That is why 70,000 mortgages have been restructured and over 45,000 have been permanently restructured. That did not happen of its own accord. It is because of the legislation, the targets, the code of practice and the assistance for people to engage directly with...

Leaders' Questions (27 Nov 2013)

Enda Kenny: The housing supplement is being changed to give a different incentive so that people will have an opportunity to get back to work. The letter that Deputy Healy has is not a solution.

Leaders' Questions (27 Nov 2013)

Enda Kenny: Thousands of those letters went out from banks. Neither the Deputy nor I are responsible for the tone of that letter.

Leaders' Questions (27 Nov 2013)

Enda Kenny: This matter has been discussed with the Central Bank whose Governor has set down targets for every bank to sit down with every mortgage holder and work out a solution in each case. Evidence of the much decried personal insolvency legislation is now becoming clear from the initial cases going through, that the banks do not have a veto. If the banks decide not to deal through the personal...

Order of Business (27 Nov 2013)

Enda Kenny: It is proposed to take No. 22, Forestry Bill 2013 - Second Stage (resumed). It is proposed, notwithstanding anything in Standing Orders, that the following business shall be taken tomorrow after Oral Questions: Companies (Miscellaneous Provisions) Bill 2013 Seanad - Second Stage. Private Members’ business shall be No. 128, motion re Bond Repayments (resumed - to conclude at 9 p.m....

Order of Business (27 Nov 2013)

Enda Kenny: The Deputy has raised a genuine issue. I do not have a date for the publication of this Bill, but the budget contained a further series of measures for small and medium enterprises to access credit. The Government is focusing on this matter. In addition, as regards the expected end of the bailout on 15 December, Department of Finance officials are working with their German counterparts in...

Order of Business (27 Nov 2013)

Enda Kenny: Last week, the Government approved the first tranche of €250,000 to be paid to a trust in England. Yesterday, I was speaking to Ms Sally Mulready, a member of the Council of State, who has done great work on this. She has confirmed that the first two women, whom I met in the Irish Embassy in London, are in receipt of their payments. Matters have moved quickly since Mr. Justice...

Order of Business (27 Nov 2013)

Enda Kenny: The Bill is listed for publication next year. Earlier this morning, the Minister for Communications, Energy and Natural Resources reported the Seanad amendments to the Gas Regulation Bill 2013 to the Dáil, which legislation separates the gas networks and gas generation entities. As already stated publicly by the Minister, Deputy Rabbitte, Bord Gáis Energy was and is still for...

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