Seanad debates

Tuesday, 7 July 2009

12:00 pm

Photo of Fidelma Healy EamesFidelma Healy Eames (Fine Gael)

Perhaps the Leader could try to get him in for 15 minutes tomorrow morning after the Order of Business. I would certainly appreciate that, as would the families.

I want to comment on a report in The Irish Times today about 12 house repossessions in one day, the highest number to be dealt with by the High Court in a single sitting. It is a disaster if people begin to lose their homes. I and colleagues in this House have spoken about the need for the Minister for Finance to intervene with the banks to provide solutions and find new ways for people to hold on to their homes. If we do not address this phenomenon, we are looking down the barrel of a gun because a person's home is everything to him or her. Other countries are doing it, for example, the UK which has introduced mortgage support schemes. It is time we did this as well. We have given a great deal to the banks. Now let the Minister put the boot in and get the banks to work for the people who have been paying them.

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