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Fine Gael and Labour are wrong not to support legislation to protect family home - Pearse Doherty TD

11 April, 2014 - by Pearse Doherty TD

Sinn Féin’s Finance spokesperson Pearse Doherty TD has today expressed his disappointed that the government has refused to accept his Land and Conveyancing Reform (Amendment) Bill 2013.

Deputy Doherty said that the government’s response shows that its priorities lie with the banks rather than struggling families who have found themselves at risk of having their home repossessed.

Speaking after the Dáil debate on the Bill, Deputy Doherty said:

“Sinn Féin’s Land and Conveyancing Reform (Amendment) Bill 2013 would substantially enhance legal protections for pressurised mortgage holders and make it harder for the banks to repossess homes.

“Our bill would put in place a realistic and solid legal protection from repossession for struggling homeowners who are making a real effort to repay their mortgage.

“This week the Finance Committee heard that the main four banks have issued 30,034 letters, relating to repossessions and voluntary surrenders.

“Let us remember that the people of this state paid for the banking bailout that led to the collapse of the economy, the loss of hundreds of thousands of jobs and unprecedented levels of emigration.

“Despite support from the Irish Mortgage Holders Organisation and New Beginning, the government has refused to allow the Bill to advance onto committee stage.

“The Family Home needs extra protection. This Bill is a step in that direction.

“It is time to start protecting families at risk of homelessness and I am very disappointed by the decision made by government not to begin that process."

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