Updated: 18/02/16 : 11:21:17
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Sinn Féin to protect family homes from repossession

General Election Candidate Cllr Martin Kenny said today that Sinn Fein will protect family homes from repossession and empower the Central Bank to set caps on interest rates chargeable by banks.

Cllr Kenny said,  “FF, FG and Lab governments have failed the Irish people by allowing evections to take place up and down the country on a daily basis.  According to the latest figures from the central bank for the third quarter of 2015,  92,291 family homes are in arrears and four families a day are loosing their homes.

“One of the legacies of this government is that they changed the law to make it easier for banks to repossess family homes and allowed banks to put more pressure and stress on families.

“Sinn Fein in government will reinstate stronger protection for the family home in legislation.  We will seek amendments to the Mortgage Arrears Resolution Targets to no longer accept repossessions as ‘solutions’, thereby putting pressure on banks to find solutions

“We will empower the Central Bank to set caps on interest rates chargeable by banks and ensure consumer protection is a key priority of the Central Bank.  Sinn Fein believe the family home needs to be protected and evictions should stop.”



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