Irish Mortgage Brokers on Today FM

We were asked to speak with Gavin Reilly on TodayFM’s ‘The Last Word’ where he was sitting in for Matt Cooper, to discuss a new piece of proposed legislation.

While we believe that all people are deserved of compassion and respect when it comes to financial difficulties with their family home, that it would be an error to expect the judiciary to somehow step in and make what are effectively family protection and social protection decisions on something that should be viewed via the contract.

Mortgages arrears are also more of a symptom than the inherent disease, the disease is low employment, job loss, a lack of low income housing, social housing and social supports. It would be an error to misdiagnose this and in short, only an academic or a politician could look at this problem and see the solution in the way that this proposed legislation outlines it.

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