Construction Ireland Logo For Mobile
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
01/05/2013

SF Oppose Land And Conveyancing Law Reform Bill

Sinn Féin Justice Spokesperson Pádraig Mac Lochlainn has confirmed that his party will be opposing the Land and Conveyancing Law Reform (Amendment) Bill.

He said that the Bill will remove a current loophole, making it easier for banks to repossess the family home and that this is "simply wrong".

He said: "One in four households are in mortgage distress. The Code of Conduct on mortgage arrears is skewed against the mortgage holder, and there are huge issues around the personal insolvency system about to commence. It is not responsible to proceed with this legislation before these issues are addressed.


"This bill makes it easier for the banks to repossess the homes of those in mortgage arrears. Instead of reigning in the banks, this bill makes it easier for them to seek repossession orders. With over 180,000 households in mortgage distress the effects of this bill could be devastating.

"What we are seeing here is the government moving to help the banks yet again. They were central to the creation of this crisis. Despite this, our people were forced to bail them out with devastating consequences. Now we are being asked to give them a dig out again at the expense of mortgage holders in distress.

"Sinn Féin believes there is a fairer way. We would work hard to protect the family home and establish an independent body to force banks into reasonable arrangements. We have positive alternative solutions and will put them forward in our amendments to this bill."

(CD)

Latest Construction News

24/07/2017

The Government has been called to prioritise the roll-out of the Celtic Interconnector between the southern coast of Ireland and the north-west coast of France. Fine Gael TD Neale Richmond made the call to secure Ireland's energy supply in the wake of Brexit. Mr Richmond said: "Following the 2009
24/07/2017

Fuel allowance recipients have now been given the option of receiving payments in two lump sums. Fianna Fail and Sinn Fein welcomed the announcement. Fianna Fáil Spokesperson on Social Protection Willie O'Dea TD said: "This initiative will help those who wish to buy fuel in bulk, thereby potential
24/07/2017

Concerns have been raised over the proposals to build warehousing units in Kilcurry, Co Louth. The units will be used to store and mature whiskey. However, residents have raised concerns over the environmental impact they will have on the village. Sinn Féin President and TD for Louth Gerry Adams
24/07/2017

Fianna Fail has been slammed over the delay to refund water charges to households throughout Ireland. Fine Gael accused the party of "flip flopping" on Irish Water and said they are not supporting the people who paid their water charges. TD Deputy Rock said: "It is absolutely vital that those who
24/07/2017

The Government has been accused of going back on commitments to reintroduce Affordable Housing Schemes to help middle income families who do not qualify for social homes. Fianna Fáil Spokesperson for Housing, Barry Cowen TD called for the State has to get back into the business of subsidising affor
24/07/2017

Around 3,500 consumers have been left without water in Galmoy and Rathdowney following a mechanical failure of a pump at the Galmoy Water Treatment Plant. Irish Water is currently working to fix the pump and the supply is expected to restored by noon today, 24 July. To address the temporary shorta
24/07/2017

The Northern Ireland Housing Executive (NIHE) has been accused of being complicit in facilitating breaches of environmental regulations in relation to a "rogue" bonfire site at the Dublin road estate in Antrim. Sinn Féin's South Antrim MLA, Declan Kearney and Party colleagues met with senior offici
24/07/2017

The HIQA is best placed to conduct a thorough child protection inspection of emergency homeless accommodation, according to Sinn Fein. Housing spokesperson Eoin Ó Broin TD said the office of Ombudsman for Children highlighted its serious concerns about the poor conditions some families in emergency
21/07/2017

A large water main that brings water to the Staleen Water Treatment Plant in Co Meath. Irish Water has called on its customers in Drogheda Town and surrounding areas, Rosehall, Clogherhead, Termonfeckin, Ashbourne, Ratoath, Curragha, Duleek, Donore, Bettystown, Laytown, Mornington, Julianstown, Gor
21/07/2017

Belfast City Council has made improvements to plans for a new public park and play park in the Colin area. In partnership with Urban Villages Initiative the initial proposals were outlined during a public consultation in and 95% of people responded positively to the new park at Stewartstown Road.
Construction Information ServicesAairex Environmental LtdCabra Agri ServicesClassic BlindsCamfil IrelandCarlow Concrete TanksDatum Monitoring IrelandGael Form Ltdinsuremyvan.ieCoolrain Sawmills
Terms and Conditions