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‘Momentous day’ as Dáil passes ’No Consent, No Sale’ legislation - Pearse Doherty TD

31 January, 2019 - by Pearse Doherty TD

Sinn Féin Finance spokesperson Pearse Doherty has welcomed the passing of his ‘No Consent, No Sale’ legislation in the Dáil this afternoon and called on the government to facilitate a speedy passage of the bill through the remaining legislative stages.

Teachta Doherty’s bill aims to prevent sales of mortgages to vulture funds without the consent of the mortgage holder.

Speaking this afternoon Deputy Doherty said;

“This is a momentous day in the fight against vulture funds in Ireland.  The Dáil has now voted in support of my legislation to prevent Irish mortgages being sold to vulture funds without the consent of the mortgage holders.

“Given the amount of banks now seeking to offload their mortgages to vultures it is imperative that this legislation now moves speedily through the remaining legislative stages and I have asked the Finance Committee to facilitate and early meeting to go through the legislative scrutiny.

“Despite its opposition to my bill the government must listen to the will of the Dáil and allow this legislation to progress as speedily as possible.”

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