Results 6,961-6,980 of 26,897 for speaker:Richard Boyd Barrett

Other Questions: Mortgage Arrears Proposals (8 Apr 2014)

Richard Boyd Barrett: 8. To ask the Minister for Finance if in the aftermath of reports that AIB are giving debt write downs to distressed mortgage holders, the actions he will take to require other banks to follow suit; and if he will make a statement on the matter. [16152/14]

Other Questions: Mortgage Arrears Proposals (8 Apr 2014)

Richard Boyd Barrett: The news that AIB was offering write-downs to distressed mortgage holders was somewhat positive, but the submissions we received from groups such as FLAC, the Irish Mortgage Holders Organisation and others last week showed that there was incredible inconsistency across the banks in dealing with mortgage holders in distress. They have stated a crisis that was in abeyance for the past few...

Other Questions: Mortgage Arrears Proposals (8 Apr 2014)

Richard Boyd Barrett: As has been said already today, as well as on many other occasions and reinforced by the groups before the finance committee last week, many of the so-called sustainable solutions are just demands for so-called voluntary surrender or, increasingly, an acceleration of repossession efforts. Lenders are not seriously implementing the mortgage-to-rent scheme, for example, which would be a way of...

Other Questions: Mortgage Arrears Proposals (8 Apr 2014)

Richard Boyd Barrett: The point is that while some progress is being made, there is also a clear increase in the move to repossession proceedings. In the last two months of 2013, there were 3,331 proceedings for repossession, a significant increase the finance committee was told last week. As I already pointed out, there has been no serious effort to offer the mortgage-to-rent option for people on the lowest...

Leaders' Questions (8 Apr 2014)

Richard Boyd Barrett: It does not work for the bondholders.

Leaders' Questions (8 Apr 2014)

Richard Boyd Barrett: Where are the mortgage-to-rent arrangements?

Written Answers — Department of Finance: Tax Code (8 Apr 2014)

Richard Boyd Barrett: 24. To ask the Minister for Finance the discussions that have taken place regarding potential income tax reductions and or changes to the USC in budget 2015; and if he will make a statement on the matter. [16154/14]

Written Answers — Department of Finance: Banks Recapitalisation (8 Apr 2014)

Richard Boyd Barrett: 27. To ask the Minister for Finance the latest developments in the Government's efforts to achieve retrospective recapitalisation of the Irish banks and to reduce Ireland's debt burden; and if he will make a statement on the matter. [16151/14]

Written Answers — Department of Environment, Community and Local Government: Rental Accommodation Scheme Administration (8 Apr 2014)

Richard Boyd Barrett: 370. To ask the Minister for Environment, Community and Local Government if he will provide a report on the rental accommodation scheme programme to include the following information, the number of RAS tenancies per local authority, the rent being pain in each with details of family size, the number of RAS tenants that have notices to quit and the number of these that are overstaying the date...

Written Answers — Department of Health: Health Services Provision (8 Apr 2014)

Richard Boyd Barrett: 656. To ask the Minister for Health the reason a person (details supplied) in County Wexford who is suffering from aggressive motor neurone disease is being denied the home ventilation they desperately need to keep them alive due to the cost of this option; the cost of such an option; and if he will make a statement on the matter. [16560/14]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Richard Boyd Barrett: Deputy Higgins will go first.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Richard Boyd Barrett: I want to ask about buy-to-let arrangements and tenants in cases of receivership. While the set of problems concerning those who took out mortgages to buy their own homes has been highlighted, the plight of tenants who pay rent and have a reasonable expectation of security of tenure has not been highlighted to any great extent over the past year or two. They find that because their landlord...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Richard Boyd Barrett: Basically, as far as the bank is concerned, the criterion is the lease. Could the delegates tell me a little more? If I am reading the figures correctly, 2,675 buy-to-let properties are in arrears. I calculate that in the case of 1,600 of these, letters have been issued relating to rent-receiver or legal proceedings of some kind. This amounts to two thirds of the buy-to-let properties....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Richard Boyd Barrett: That is what I want to clarify. I am dealing with cases on this issue. I cannot recall whether any of them deal with Ulster Bank. It is a pity I did not check before coming here today. The people I am dealing with receive a letter telling them rent receivers are taking over and that they are out. Under the residential tenancies legislation, there is supposed to be a four-year cycle once...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Richard Boyd Barrett: I will try to hold Mr. Brown to that over the next while. Is the bank giving people back deposits where they are required to leave, for whatever reason?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Richard Boyd Barrett: Again, I will hold the delegation to that because not every bank is doing so. Let me refer specifically to those who are in many cases forced into voluntary surrender, by circumstance or by the bank. The cause remains to be seen. I wish to ask about the unemployed, in particular. People have lost their jobs and are dependent on social welfare through no fault of their own in most...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Richard Boyd Barrett: The bank has a solution.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Richard Boyd Barrett: Again, these are points we will hold the delegates to over the next while.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Richard Boyd Barrett: My next point goes to the heart of many of the questions we are asked. Is it the case that the bank will not force individuals, even those who are unemployed or on the lowest income, out of their homes if they are willing to engage with the bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Richard Boyd Barrett: With regard to mortgage-to-rent arrangements, the delegates stated one has been concluded.